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SoftBank Group’s CEO, Masayoshi Son, intends to secure $16 billion in loans for investments in artificial intelligence, as disclosed by company executives to banks last week. This information was reported by The Information, referencing sources with knowledge of the situation.
Additionally, the report indicated that the Japanese technology investor may seek to borrow an additional $8 billion in early 2026.
In January, Reuters revealed that SoftBank is negotiating to invest as much as $25 billion in OpenAI, the parent company of ChatGPT, as the Japanese conglomerate continues to broaden its presence in the technology sector.
This new investment from SoftBank would be in addition to the $15 billion it has already pledged to Stargate, according to a source familiar with the developments.
SoftBank had previously indicated its intention to invest a total of $40 billion in Stargate and OpenAI, and it has initiated discussions to secure up to $18.5 billion in financing, which would be supported by its publicly traded assets.
Stargate represents a collaborative effort among Oracle, OpenAI, and SoftBank, with plans to allocate up to $500 billion to ensure that the United States maintains its competitive edge over China and other adversaries in the global artificial intelligence arena.
This initiative was unveiled by U.S. President Donald Trump, SoftBank’s Masayoshi Son, OpenAI CEO Sam Altman, and Oracle Chairman Larry Ellison during an event at the White House in January.