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SoftBank said to borrow $16b for AI investment
SoftBank Group CEO Masayoshi Son is reportedly planning to borrow US$16 billion to invest in AI.
The Information cites sources familiar with the situation, noting that an additional US$8 billion may be borrowed by early 2026.
The Japanese conglomerate is increasing its involvement in AI ventures.
In January 2025, SoftBank was in talks to invest up to US$25 billion in OpenAI, the company behind ChatGPT.
This follows a previous US$15 billion commitment to Stargate, a joint venture involving SoftBank, Oracle, and OpenAI.
Recent SoftBank developments
| Timeline |
|---|
12-Feb-2025 📉 SoftBank reports $2.4b loss in Q3
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11-Feb-2025 🚀 SoftBank eyes high-debt funding for Stargate AI project
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08-Feb-2025 💰 SoftBank to invest $40b in OpenAI at $260b valuation: sources
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07-Feb-2025 💰 SoftBank nears $6.5b deal to acquire chipmaker Ampere
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| 01-Feb-2025 💻 SoftBank invests $50m in bitcoin miner for AI expansion |
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