1. SoftBank Lenders Seek Major Bank Syndicate for Massive $40B OpenAI Loan
Lenders behind SoftBank's Vision Fund are actively recruiting additional major banks to participate in a colossal $40 billion loan facility for OpenAI, signaling a massive capital push to fuel the AI arms race. This move to syndicate the loan underscores the immense scale of financing required to support OpenAI's aggre...