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81 SoftBank secures $40B loan to double down on OpenAI as AI race heats up

Startups News
Daniel Levi @ Startups News 2 place · today 10:10 EDT

SoftBank secures $40B loan to double down on OpenAI as AI race heats up

SoftBank Group just made one of its boldest moves in years, locking in a $40 billion bridge loan as it leans harder into artificial intelligence—and into OpenAI at the center of it all. The financing, announced Friday, ranks among the ...

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