
Business
SoftBank Raises $11.87 Billion Loan for OpenAI Bet as Shares Fall 13%
SoftBank has raised an $11.87 billion loan from around 20 banks to fund its OpenAI investment, exceeding its $10 billion target. Its shares fell 13% on Monday.

SoftBank has raised an $11.87 billion loan from around 20 banks to fund its OpenAI investment, exceeding its $10 billion target. Its shares fell 13% on Monday.