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Echo Wang,Miho Uranaka,Krystal Hu
SoftBank races to fulfill $22.5 billion funding commitment to OpenAI by year-end, sources say
By Echo Wang, Miho Uranaka and Krystal Hu NEW YORK/TOKYO/SAN FRANCISCO, Dec 19 (Reuters) - SoftBank Group is racing to close a $22.5 billion funding commitment to OpenAI by year-end through an array of cash-raising schemes, including a sale of some investments, and could tap its undrawn margin loans borrowed against its valuable ownership in ...
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