Sources: SoftBank has reopened talks for a $10B loan backed by its OpenAI stake and is offering to guarantee repayment if OpenAI collateral proves insufficient (Echo Wang/Reuters)
SoftBank is pursuing a $10B loan backed by its OpenAI stake, signaling continued aggressive financing around AI infrastructure bets.
Excerpt
<a href="https://www.reuters.com/legal/transactional/softbank-renews-talks-10-billion-loan-against-openai-stake-adds-concessions-2026-07-01/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260701/i39.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260701/p39#a260701p39" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Echo Wang / <a href="http://www.reuters.com/">Reuters</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.reuters.com/legal/transactional/softbank-renews-talks-10-billion-loan-against-openai-stake-adds-concessions-2026-07-01/">Sources: SoftBank has reopened talks for a $10B loan backed by its OpenAI stake and is offering to guarantee repayment if OpenAI collateral proves insufficient</a></b></span> — SoftBank Group has reopened talks with a consortium of lenders for a $10 billion loan backed by its stake in OpenAI … </p>
Read at source: https://www.techmeme.com/260701/p39#a260701p39