SoftBank Seeks $16 Billion Loan to Fuel AI Investments
SoftBank Group Corp., under the leadership of CEO Masayoshi Son, is reportedly negotiating a $16 billion loan to bolster its investments in artificial intelligence (AI), according to sources cited by The Information. The Japanese conglomerate is also considering an additional $8 billion loan in early 2026 to further its AI ambitions.
In January, reports indicated that SoftBank was in discussions to invest up to $25 billion in OpenAI, the company behind ChatGPT, signaling a strategic move to deepen its involvement in the AI sector. This prospective investment would supplement the $15 billion SoftBank has already committed to Stargate, a joint venture with Oracle and OpenAI, aiming to invest up to $500 billion to maintain U.S. leadership in AI amidst global competition.
The Sta...