SoftBank Group CEO in talks to borrow $16 billion to invest in AI: Report
SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company’s executives told banks last week, The Information tech news website reported on Saturday, citing people familiar with the matter.
The Japanese technology investor might borrow another $8 billion in early 2026, the report added.
Reuters reported in January that SoftBank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, as the Japanese conglomerate continues to expand into the sector.
