Sources: SoftBank sealed a two-year loan facility to support its OpenAI investment, securing $11.87B in commitments from ~20 banks, above its $10B target (Janice Huang/Bloomberg)

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Janice Huang / Bloomberg:
Sources: SoftBank sealed a two-year loan facility to support its OpenAI investment, securing $11.87B in commitments from ~20 banks, above its $10B target — SoftBank Group Corp. secured an $11.87 billion loan to support its investment in US artificial intelligence firm OpenAI …

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