SoftBank’s attempt to get $6 billion OpenAI margin loan stalls, Bloomberg News reports
FILE PHOTO: The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. REUTERS/Issei Kato/File Photo
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June 10 : SoftBank Group’s talks with potential creditors to raise at least $6 billion from a margin loan backed by its OpenAI stake have stalled, Bloomberg News reported on Wednesday, citing sources.
The company is considering various fundraising options, the report said, adding that it could still move forward with the margin loan at a later stage.
Reuters could not immediately verify the report.
Source: Reuters
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