SoftBank Group is securing an $11.87 billion (about $11.9 billion) loan to support its investment in OpenAI, according to people familiar with the matter. The financing amount is larger than an earlier target of about $10 billion, reflecting an upsized effort to back the U.S. artificial intelligence company.
Both outlets describe the loan as part of SoftBank’s broader push to fund AI exposure through its OpenAI-related plans. Bloomberg frames the development around the increased borrowing, while the Japan Times adds context that some executives are discussing the need to slow the pace of AI development. That commentary is linked to concerns about escalating risks associated with the technology.
While the reports align on the core figures and purpose of the financing, they emphasize different angles: Bloomberg focuses on the loan size and process, and the Japan Times highlights internal debate over AI speed and risk. Neither outlet provides detailed terms of the loan or specifics on how it will be deployed beyond supporting SoftBank’s investment in OpenAI.
