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SoftBank seeks $10 billion margin loan backed by OpenAI shares: Report

SoftBank Group is seeking a substantial $10 billion loan. This loan is backed by its shares in ChatGPT-maker OpenAI. The move signals SoftBank's aggressive push into artificial intelligence. This follows previous significant investments and loans for the AI firm. The company is increasing its debt to fund its AI ambitions.

23 Apr 2026 7:00 am