AISoftBank reportedly borrowing more than $11 billion through junk bonds to fund OpenAI
A user citing Bloomberg says some of the money is intended for another payment due in October 2026 as SoftBank continues investing in OpenAI.
TLDR
SoftBank is borrowing more than $11 billion by selling high-risk “junk” bonds to keep funding OpenAI, according to a user relaying Bloomberg reporting. The user says part of the proceeds will cover another payment due in October 2026.
SoftBank reportedly borrowing more than $11 billion through junk bonds to fund OpenAI
A user citing Bloomberg says some of the money is intended for another payment due in October 2026 as SoftBank continues investing in OpenAI.
TLDR
SoftBank is borrowing more than $11 billion by selling high-risk “junk” bonds to keep funding OpenAI, according to a user relaying Bloomberg reporting. The user says part of the proceeds will cover another payment due in October 2026.