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In reply to the discussion: Market is tanking [View all]nitpicked
(1,884 posts)29. SoftBank to Borrow $40 Billion to Fund OpenAI Investment
https://www.morningstar.com/news/dow-jones/202603276731/softbank-to-borrow-40-billion-to-fund-openai-investment
SoftBank Group will borrow $40 billion through a bridge facility agreement to fund its $30 billion investment in OpenAI, increasing the Tokyo-based company's debt load as it doubles down on its OpenAI partnership.
SoftBank said it will repay the one-year, non-collateralized loan partly through the sale of existing assets. The agreement lists JPMorgan Chase, Goldman Sachs, Mizuho Bank, Sumitomo Mitsui Banking and MUFG Bank as lenders.
SoftBank's borrowings under the facility will help fund its $30 billion follow-on investment in the artificial-intelligence company, which was announced in February as part of a $110 billion funding round.
The company, led by Japanese billionaire Masayoshi Son, has previously relied on borrowing to finance its investments in OpenAI, which totaled $34.6 billion before the most recent funding round. SoftBank took on $27 billion in debt in the last three months of 2025 in part to pay for a $22.5 billion December investment in OpenAI.
(snip)
SoftBank Group will borrow $40 billion through a bridge facility agreement to fund its $30 billion investment in OpenAI, increasing the Tokyo-based company's debt load as it doubles down on its OpenAI partnership.
SoftBank said it will repay the one-year, non-collateralized loan partly through the sale of existing assets. The agreement lists JPMorgan Chase, Goldman Sachs, Mizuho Bank, Sumitomo Mitsui Banking and MUFG Bank as lenders.
SoftBank's borrowings under the facility will help fund its $30 billion follow-on investment in the artificial-intelligence company, which was announced in February as part of a $110 billion funding round.
The company, led by Japanese billionaire Masayoshi Son, has previously relied on borrowing to finance its investments in OpenAI, which totaled $34.6 billion before the most recent funding round. SoftBank took on $27 billion in debt in the last three months of 2025 in part to pay for a $22.5 billion December investment in OpenAI.
(snip)
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"but Republicans are better for the economy", and there are people who still believe this slop
ck4829
Mar 27
#20
How? I thought the BBSB gave them like 150 billion last summer? There is one group that will survive any crash
Cheezoholic
Mar 27
#39
It's OK to panic though. Republicans have the trifecta, they always screw up the economy.
ck4829
Mar 27
#22
The big tech companies have seen setting enormous piles of cash (like 10s of billions of dollars)
RockRaven
Mar 27
#8
If voters really trusted Mr. Multiple Bankruptcies and Had to Dissolve His Own Charity...
ck4829
Mar 27
#24