SoftBank Group has restarted negotiations for a $10 billion loan, using its OpenAI equity as collateral, with a corporate guarantee as backup. This move underscores SoftBank's aggressive leverage strategy to increase its exposure to OpenAI and solidify its position in the AI race.
SoftBank Restarts $10B Loan Talks
According to Techub News citing Reuters, SoftBank Group has reopened discussions for a $10 billion loan, planning to use its stake in OpenAI as collateral for the financing.
Under the terms of the deal, if the collateral value of the OpenAI equity falls short of covering the loan amount, SoftBank will provide a corporate guarantee as a supplement. This financing arrangement signals that SoftBank is continuing to increase its bet on the artificial intelligence sector through leverage, further deepening its exposure to AI giant OpenAI. The move reflects SoftBank's broader strategy to concentrate capital in high-conviction tech bets without diluting its ownership.
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