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🚨BREAKING: THIS IS THE REAL EXAMPLE OF AI BUBBLE
SoftBank's attempt to raise at least $6 billion through a margin loan backed by its OpenAI stake has stalled, according to people familiar with the matter.
The talks collapsed just weeks after SoftBank had already cut its original target from $10 billion to $6 billion, a 40% reduction that signaled early difficulty finding willing creditors.
SoftBank is now exploring other fundraising options, though the margin loan remains on the table as a possibility at a later stage.
A margin loan of this size, backed by a single private company stake, would be one of the largest of its kind in the AI investment cycle. The stall raises questions about how readily major creditors are willing to underwrite OpenAI's valuation as collateral.