SoftBank is preparing one of the biggest financing moves in its history as the Japanese tech conglomerate looks to deepen its bet on OpenAI. The Japanese conglomerate is reportedly seeking a loan of up to $40 billion to help finance its growing investment in OpenAI, the company behind ChatGPT, according to a new Bloomberg report.
SoftBank seeks $40B loan to fund massive OpenAI bet after ChatGPT maker hits $730B valuation