{"id":1035291,"date":"2026-09-15T07:40:57","date_gmt":"2026-09-15T02:10:57","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1035291"},"modified":"2026-09-15T07:43:39","modified_gmt":"2026-09-15T02:13:39","slug":"softbank-gets-upsized-11-9-billion-loan-in-openai-funding-push","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/09\/15\/softbank-gets-upsized-11-9-billion-loan-in-openai-funding-push\/","title":{"rendered":"SoftBank gets upsized $11.9 billion loan in OpenAI funding push"},"content":{"rendered":"<p>SoftBank Group Corp. secured an $11.87 billion loan to support its investment in US artificial intelligence firm OpenAI, people familiar with the matter said, up from its earlier target of $10 billion. <\/p>\n<p>The Japanese conglomerate sealed the two-year facility last week, attracting commitments from around 20 banks, said the people, asking not to be identified because they\u2019re not authorized to speak publicly. <\/p>\n<p>Softbank declined to comment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SoftBank Group Corp. secured an $11.87 billion loan to support its investment in US artificial intelligence firm OpenAI, people familiar with the matter said, up from its earlier target of $10 billion. The Japanese conglomerate sealed the two-year facility last week, attracting commitments from around 20 banks, said the people, asking not to be identified because they\u2019re not authorized to speak publicly. Softbank declined to comment.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1035291","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1035291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1035291"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1035291\/revisions"}],"predecessor-version":[{"id":1035313,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1035291\/revisions\/1035313"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1035291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1035291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1035291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}