SoftBank in talks to borrow $16b to fund AI bets: report

SoftBank in talks to borrow $16b to fund AI bets: report

FILE PHOTO: SoftBank CEO Masayoshi Son attends an event to pitch AI for businesses in Tokyo, Japan February 3, 2025. REUTERS/Kim Kyung-Hoon/File Photo

SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company’s executives told banks last week, The Information tech news website reported on Saturday, citing people familiar with the matter.

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