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SoftBank cuts OpenAI-backed loan target to $6B as lenders balk at valuation

SoftBank has cut a planned OpenAI‑backed margin loan from around $10 billion to roughly $6 billion after banks and private credit funds pushed back on the deal’s structure and the difficulty of valuing OpenAI, an unlisted AI unicorn. SoftBank Group…

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SoftBank cuts OpenAI-backed loan target to $6B as lenders balk at valuation

SoftBank has cut a planned OpenAI‑backed margin loan from around $10 billion to roughly $6 billion after banks and private credit funds pushed back on the deal’s structure and the difficulty of valuing OpenAI, an unlisted AI unicorn. SoftBank Group…

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