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📰 【SoftBank CEO in talks for a major data center project in France; the related deal may be announced this month】
BlockBeats reports, on May 11, citing market sources: SoftBank CEO Masayoshi Son is currently negotiating a major data center project in France; the related deal may be announced this month. BlockBeats previously reported that on April 23, SoftBank was seeking a $10 billion margin loan with a two-year term, secured by its holdings in OpenAI, with an option to extend for one year. This is the second major round of large-scale borrowing by SoftBank related to OpenAI in recent times. This March, SoftBank secured a $40 billion bridge loan to increase its stake in OpenAI and for general corporate purposes. Previously, SoftBank had pledged to Vision Fund 2 to …
SoftBank’s Masayoshi Son, that old fox, is playing the leverage game again. Using OpenAI shares as collateral to borrow $10 billion, then turning around to build a data center in France. Anyone with eyes can see this is using money from the AI bubble to bet on the future of AI infrastructure. $RNDR $FET As for these AI infrastructure coin types—figure it out yourselves. 👇👇👇👇👇