Previously, SoftBank, which owned about 11% of OpenAI's shares by the end of December, sold its assets, including its stake in Nvidia. This potential loan size confirms the bold attempt by Masayoshi Son, SoftBank's founder, to position his company as a key player in the global artificial intelligence boom. The temporary loan term will be approximately 12 months, and according to Bloomberg, four lenders, including JPMorgan Chase, will guarantee the financing. SoftBank Group is attempting to secure a record loan of up to $40 billion to fund its investment in the American tech giant OpenAI, which would be its largest-ever borrowing denominated solely in dollars.
