SoftBank Lenders Ask More Banks to Join $40 Billion OpenAI Loan

More banks are being invited to join SoftBank Group Corp.’s $40 billion loan backing its investment in US tech giant OpenAI, in one of the biggest tests yet of creditor...

By Apple Ka Ying Li, Kari Soo Lindberg, Min-Jeong Lee · Bloomberg

More banks are being invited to join SoftBank Group Corp.’s $40 billion loan backing its investment in US tech giant OpenAI, in one of the biggest tests yet of creditor sentiment toward the Japanese conglomerate’s debt-fueled push further into artificial intelligence.