SoftBank seeks about $10 billion in loans secured by OpenAI shares.

ME News message: On April 23 (UTC+8), this move shows that the company is intensifying its commitment to its AI plans by taking on more debt. This loan highlights the Japanese investment giant’s increasingly aggressive bet on artificial intelligence. In the years leading up to this, SoftBank’s Vision Fund experienced major ups and downs, achieving huge returns while also suffering substantial losses. (Source: BlockBeats)
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