SoftBank Signs $40 Billion Credit Agreement for OpenAI Investments with 21 New Banks
Japan's SoftBank Group has brought in 21 new financial institutions to provide a $40 billion bridge loan intended for investments in OpenAI. The combined share of the new lenders is approximately $7 billion, with the largest participants—First Abu Dhabi Bank, GIC, and Standard Chartered—each contributing $1 billion.
SoftBank Corp.
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