SoftBank is going deeper into OpenAI while leaning harder on debt.
The company is discussing a $10–$20B bond deal to refinance financing tied to its OpenAI investment.
By October, its total OpenAI investment could be close to $65B.
Meanwhile, $410B+ has already been raised through bond markets this year for AI and data-center expansion.
AI demand is real.
The money keeps flowing because the opportunity looks massive.
Now the market has to prove the returns can keep up with the capital being deployed.
The company is discussing a $10–$20B bond deal to refinance financing tied to its OpenAI investment.
By October, its total OpenAI investment could be close to $65B.
Meanwhile, $410B+ has already been raised through bond markets this year for AI and data-center expansion.
AI demand is real.
The money keeps flowing because the opportunity looks massive.
Now the market has to prove the returns can keep up with the capital being deployed.
