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by jelling 77 days ago
They borrowed $40B from JP Morgan. They literally did not have the money otherwise.
1 comments
lefty2 77 days ago
also they need to pay back that in one year, so if OpenAI don't IPO this year they are screwed
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roxolotl 77 days ago
Was curious about the source here. Seems widely reported and I just missed it. This a unpaywalled source I found

https://techcrunch.com/2026/03/27/why-softbanks-new-40b-loan...

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Lionga 77 days ago
they are Hwanging it
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