#BreakingNews
APOLLO & SOFTBANK EYE $9B LOAN FOR OPENAI BET 🤖💰
Apollo Global Management is reportedly in talks with SoftBank Group to increase a loan from $5.4 billion to as much as $9 billion, according to people familiar with the matter cited by Bloomberg.
💰 The financing could help SoftBank fund its massive investment in OpenAI and is reportedly backed by assets from Vision Fund 2.
🤖 SoftBank has committed around $64.6 billion to OpenAI, making it one of the biggest players in the AI investment race.
📊 Meanwhile, SoftBank’s credit-default swap costs have reportedly climbed to a three-year high, highlighting growing market attention around the company’s financing strategy.
🔥 AI investment is getting bigger — and so are the bets.
#OpenAI #SoftBank #Apollo #AI #ArtificialIntelligence #Tech #Binance #Crypto #BreakingNews
APOLLO & SOFTBANK EYE $9B LOAN FOR OPENAI BET 🤖💰
Apollo Global Management is reportedly in talks with SoftBank Group to increase a loan from $5.4 billion to as much as $9 billion, according to people familiar with the matter cited by Bloomberg.
💰 The financing could help SoftBank fund its massive investment in OpenAI and is reportedly backed by assets from Vision Fund 2.
🤖 SoftBank has committed around $64.6 billion to OpenAI, making it one of the biggest players in the AI investment race.
📊 Meanwhile, SoftBank’s credit-default swap costs have reportedly climbed to a three-year high, highlighting growing market attention around the company’s financing strategy.
🔥 AI investment is getting bigger — and so are the bets.
#OpenAI #SoftBank #Apollo #AI #ArtificialIntelligence #Tech #Binance #Crypto #BreakingNews