AISoftBank reportedly prepares roughly $11 billion bond sale for OpenAI investment
Krawl reports that the planned offering would span dollar and euro markets, primarily to finance SoftBank’s investment in OpenAI.
TLDR
Krawl reports that SoftBank is preparing an approximately $11 billion bond sale in dollar and euro markets to help fund its OpenAI investment. A separate post says the company is raising more than $11 billion for its next $10 billion OpenAI payment, replacing bridge debt.
SoftBank reportedly prepares roughly $11 billion bond sale for OpenAI investment
Krawl reports that the planned offering would span dollar and euro markets, primarily to finance SoftBank’s investment in OpenAI.
TLDR
Krawl reports that SoftBank is preparing an approximately $11 billion bond sale in dollar and euro markets to help fund its OpenAI investment. A separate post says the company is raising more than $11 billion for its next $10 billion OpenAI payment, replacing bridge debt.