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The Nexus
BUSINESSMay 8 · 07:15 UTCBLOOMBERGKari Soo Lindberg, Laura Benitez, Apple Ka Ying Li

SoftBank Cuts Target for OpenAI Margin Loan by 40% to $6 Billion

SoftBank has cut its target for OpenAI margin loan by 40% to $6 billion. This adjustment reflects a change in the company's financial expectations. Masayoshi Son, SoftBank's leader, was recently seen speaking at an AI conference in Tokyo.

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SoftBankorganizationOpenAIorganizationMasayoshi SonpersonTokyoplaceBloombergorganization
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