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SoftBank's CEO is negotiating a major data center project in France; the related deal may be announced this month.
AIMPACT News, May 11 (UTC+8), April 23, SoftBank is seeking a $10 billion margin loan secured by its holdings in OpenAI, with a two-year term and a one-year extension option. This is SoftBank’s second large loan related to OpenAI recently. In March this year, SoftBank secured a $40 billion bridge loan to increase its stake in OpenAI and for general corporate purposes. Previously, SoftBank committed to investing $30 billion in OpenAI through Vision Fund 2. (Source: BlockBeats)