SoftBank Faces Funding Test After OpenAI Loan Talks Stall

SoftBank’s reported attempt to pledge its entire OpenAI position for a $6 billion loan turns the AI boom’s biggest question into a credit-market problem: how much is a private valuation worth when banks have to lend against it? The answer, at least for now, appears to be less than SoftBank wanted. Bloomberg reported that SoftBank […]

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