Benzinga SoftBank Scrambles To Raise $22.5 Billion For OpenAI By Year-End, May Tap Arm Stake To Back Debt As AI Spending Pressure Mounts: Report
SoftBank is reportedly racing to assemble $22.5 billion in funding for OpenAI by year-end, leaning on asset sales, potential borrowing, and a sweeping pullback in other investments. read more