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859 SoftBank tried to borrow $6 billion against its OpenAI stake to keep funding OpenAI. Banks said no

Startups News
Daniel Levi @ Startups News · 06/10/2026 16:57 EDT

SoftBank tried to borrow $6 billion against its OpenAI stake to keep funding OpenAI. Banks said no

SoftBank is sitting on one of the most valuable AI investments in history. Yet when the Japanese tech giant tried to borrow $6 billion against its 13% stake in OpenAI, lenders hit the brakes. The failed financing effort highlights a ...

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