Anabelle Colaco
30 Mar 2026, 09:27 GMT+10
TOKYO, Japan: SoftBank Group has secured a US$40 billion loan through a bridge facility to support further investment in OpenAI, and for general corporate purposes, the company said.
The Japanese investor said the facility, which matures in March 2027, was arranged with a group of lenders including JPMorgan Chase, Goldman Sachs, Mizuho Bank, Sumitomo Mitsui Banking Corp, and MUFG Bank.
SoftBank has previously agreed to invest $30 billion in OpenAI through its Vision Fund 2.
The company said the bridge loan is unsecured.
Get a daily dose of Bangladesh Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Bangladesh Sun.
More InformationMumbai (Maharashtra) [India], March 30 (ANI): Kolkata Knight Riders (KKR) Captain Ajinkya Rahane addressed a question regarding Cameron...
Raipur (Chhattisgarh) [India], March 29 (ANI): For the past couple of days, Karnataka swimmer Manikanta must have felt like a model...
Bengaluru (Karnataka) [India], March 29 (ANI): Royal Challengers Bengaluru (RCB) batter Devdutt Padikkal expressed delight at the team's...
Bengaluru (Karnataka) [India], March 29 (ANI): Former South Africa pacer Dale Steyn said that Virat Kohli's mentality has undergone...
New Delhi [India], March 29 (ANI): Prime Minister Narendra Modi on Sunday celebrated a landmark period for Indian sport, applauding...
New Delhi [India], March 29 (ANI): Prime Minister Narendra Modi on Sunday hailed Jammu and Kashmir's emergence as a hub for sporting...
TOKYO, Japan: SoftBank Group has secured a US$40 billion loan through a bridge facility to support further investment in OpenAI, and...
BASEL, Switzerland: Swiss drugmaker Novartis has agreed to acquire California-based biotech firm Excellergy in a deal worth up to US$2...
FRANKFURT, Germany: Germany's Henkel has agreed to acquire Nasdaq-listed hair care brand Olaplex for $1.4 billion, aiming to expand...
ZAGREB, Croatia: Uber Technologies has teamed up with Pony.ai and Croatian startup Verne to launch what the companies say will be Europe's...
PARIS/STOCKHOLM: Surging petrol prices linked to the war in Iran are accelerating demand for used electric vehicles across Europe,...
WASHINGTON, D.C.: A growing share of Americans believe it is a bad time to look for a new job, highlighting a disconnect between low...
