Exclusive-SoftBank renews talks for $10 billion loan against OpenAI stake, adds concessions, sources say
July 1 - SoftBank Group has reopened talks with a consortium of lenders for a $10 billion loan backed by its stake in OpenAI, after earlier attempts to secure a loan stalled over concerns about the difficulty of valuing private companies, two people familiar with the matter said.
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Exclusive-SoftBank renews talks for $10 billion loan against OpenAI stake, adds concessions, sources say Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders. Source: The Star https://a2zai.ai/bytes/exclusive-softb...
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