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SoftBank to Repay $40 Billion Bridge Loan for OpenAI Stake

2 sources ·2 articles ·Sep 9, 08:46 UTC Repay

2 outlets - including Yahoo and Bloomberg - are covering this story. SoftBank Group Corp. will repay the balance on a $40 billion loan it signed earlier this year to finance its investment in OpenAI, the Japanese conglomerate said Wednesday, as it moves ahead with plans to refinance that deal with longer-ter…

Covered by 2 outlets

All coverage · 2 articles