SoftBank’s attempt to get $6 billion OpenAI margin loan stalls, Bloomberg News reports

The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. REUTERS
June 10 (Reuters) – SoftBank Group’s talks with ​potential creditors to ‌raise at least $6 billion from a ​margin loan ​backed by its OpenAI ⁠stake have ​stalled, Bloomberg News ​reported on Wednesday, citing sources.
The company is ​considering various ​fundraising options, the report ‌said, ⁠adding that it could still move forward with ​the ​margin ⁠loan at a later ​stage.
Reuters could ​not ⁠immediately verify the report.

Reporting by ⁠Natalia ​Bueno Rebolledo ​in Mexico City; Editing ​by Subhranshu Sahu

 

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