The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. REUTERS
Oct 10 (Reuters) – SoftBank Group Corp is in talks to borrow $5 billion from global banks for a margin loan secured by shares of its chip unit Arm Holdings, Bloomberg News reported on Friday.
The capital will fund additional investment in OpenAI this year, the report added, citing people familiar with the matter.
Reporting by Rhea Rose Abraham in Bengaluru; Editing by Eileen Soreng
