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Exclusive: SoftBank races to fulfill $22.5 billion funding commitment to OpenAI by year-end, sources say

Exclusive: SoftBank races to fulfill $22.5 billion funding commitment to OpenAI by year-end, sources say

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 chip firm Arm Holdings , sources said.Read More

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