SoftBank Corp. Unsponsored ADR (SOBKY)
Why is SoftBank raising $10B loan backed by OpenAI stake?
SoftBank Group is seeking to raise as much as $10 billion through a margin loan backed by its shares in OpenAI, according to Bloomberg News. The development comes as Masayoshi Son's group leans further on debt to finance its artificial intelligence push.
SoftBank seeks $10 billion margin loan backed by OpenAI shares, Bloomberg News reports
SoftBank Group is seeking a $10 billion loan secured by its shares in ChatGPT maker OpenAI, Bloomberg News reported on Wednesday, citing sources.
SoftBank raises $1.5B, €1.75B in global bond markets
SoftBank Group Corp. raised about $3.5 billion through a dual-currency bond offering, as the Japanese investment firm moves to refinance debt and partly repay a bridge loan tied to investments in OpenAI. The company secured $1.5 billion via dollar-denominated bonds and 1.75 billion euros ($2.06 billion) through euro-denominated notes, as stated in a filing on Thursday The fundraising comes at a time when global debt markets are showing signs of recovery.
SoftBank may elevate Arm CEO Rene Haas in AI strategy shift
Rene Haas is set to oversee much of SoftBank Group's international business while remaining chief executive of Arm, according to the Financial Times, citing people familiar with the matter. The move would give Haas a far broader operating brief as founder Masayoshi Son accelerates the Japanese group's push into artificial intelligence and advanced chips.
Can Ericsson's Network Enhancement Deal With SoftBank Aid Its Shares?
ERIC deepens SoftBank partnership with a long-term deal to deploy cloud-native 5G Core, boosting Japan???s 5G shift and telecom network performance.
Why SoftBank's new $40B loan points to a 2026 OpenAI IPO
SoftBank has taken on a new $40 billion loan to help it cover its $30 billion commitment to invest in OpenAI as part the AI model maker's record-breaking $110 billion raise last month, the Japanese conglomerate said on Friday.
SoftBank secures $40 billion loan to fund further OpenAI investment
SoftBank Group said on Friday it has secured a $40 billion loan through a bridge facility to fund further investments in ChatGPT maker OpenAI.
SoftBank downgraded by Jefferies on rising risks tied to OpenAI investment
SoftBank Group was downgraded on Thursday to “Underperform” by Jefferies, which warned that the Japanese technology investor's rapidly expanding financial commitments to OpenAI are raising concerns about valuation integrity. The brokerage warned of growing structural risks tied to SoftBank's concentrated investment exposure and its accelerating funding of the AI company.
SoftBank's PayPay plans to price IPO around low end of range, sources say
The initial public offering (IPO) of SoftBank's PayPay is likely to price around the low end of the marketing range as tensions in the Middle-East roil markets, according to two sources familiar with the matter.
SoftBank seeks up to $40 billion loan to finance OpenAI investment, Bloomberg News reports
SoftBank is seeking a loan of up to $40 billion, primarily to finance its investment in ChatGPT-maker OpenAI, a Bloomberg News reporter said in an X post on Friday.
SoftBank Group's PayPay Targets $13.4 Billion Valuation in U.S. IPO
SoftBank Group's payments app operator, PayPay's U.S. initial public offering could bolster the Japanese technology investor's coffers as it pours billions into artificial intelligence.
SoftBank-Backed Wayve Raises $1.2 Billion From Microsoft, Nvidia, Automakers
Wayve said the round, led by venture capital firms Eclipse Capital, Balderton Capital and a SoftBank Group fund, pushes its post-money valuation to $8.6 billion.
