(Reuters) – The Masayoshi Son SoftBank CEO plans to borrow $ 16 billion to invest in AI, the Banks managers said last week, the website for IT technology reported on Saturday, stating people familiar with the issue.
Japanese technological investor could borrow another $ 8 billion in early 2026, the report added.
Reuters reported in January that SoftBank discussed up to $ 25 billion in Chatgpt Openi owner, as the Japanese conglomerate is still expanding to the sector.
S
The information has previously reported that SoftBank plans to invest a total of $ 40 billion in Stargate and Openi and have started talked about borrowing up to $ 18.5 billion in financing, aided by property in a public list.
Stargate is a joint investment of Oracle, Openi and S
Companies were announced by US President Donald Trump, son Softbank, Openi CEO of Sam Altman and President Oracle Larry Ellison at the White House in January.
(Reporting Anusha Shah in Bengalur, Mounting of William Maclean)
