SoftBank Group Corp. is seeking a loan of as much as $16.5 billion to help fund artificial intelligence investments in the US, people familiar with the matter said, in what would be its largest-ever borrowing denominated solely in dollars.

Japan's SoftBank Group says it will make follow-on investments of up to 40 billion dollars in the US developer of ChatGPT.

Hours after it pumped in part of the $40Bn fundraise for OpenAI, SoftBank Group is now reportedly in talks to secure a loan of up to $16.5 billion to support its growing investments in AI across the US. If finalized, this would be the largest US dollar-denominated loan in the history of the Japanese conglomerate, reports Bloomberg.

SoftBank Group Corp. plans to create industrial parks for artificial intelligence across the US and is considering an investment of more than $1 trillion, Nikkei reported.

SoftBank Group 99840.45%increase; green up pointing triangle has agreed to lead a funding of up to $40 billion in a for-profit subsidiary of OpenAI, valuing the ChatGPT maker at $300 billion.

SoftBank Group is negotiating a bridge loan of up to $16.5 billion to fund its artificial intelligence investments in the United States, Bloomberg reported, citing people familiar with the matter. If finalized,

A Plainview software development firm CEO says AI use will allow him to trim his 200-staff operation by more than half.

SoftBank Group Corp. is seeking a loan of as much as $16.5 billion to help fund artificial intelligence investments in the US, according to people familiar with the matter, in what would be the tech investor’s largest-ever facility denominated solely in dollars.

OpenAI raised $40 billion from investors in its latest funding round, the ChatGPT maker announced Monday. The deal, which values the artificial intelligence (AI) company at $300 billion, was