Business

SoftBank mulls up to $20 billion bond sale for OpenAI financing, Bloomberg News reports

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Aug 26 : Japan’s SoftBank is in talks with investment banks about a potential $10 billion to $20 billion bond offering to help refinance a loan for its investment in OpenAI, Bloomberg News reported on Wednesday.

SoftBank did not immediately respond to a Reuters’ request for comment. Reuters could not immediately verify the report.

Source: Reuters

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