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The Nexus
BUSINESSJun 10 · 13:03 UTCQUARTZCris Tolomia

SoftBank's bid to borrow $6 billion against its OpenAI stake has stalled

SoftBank's attempt to borrow $6 billion against its OpenAI stake has stalled. The company is exploring alternative fundraising options as it faces a $40 billion bridge financing due in March 2027.

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SoftBankorganizationOpenAIorganization$6 billion loantopic$40 billion bridge financingtopicalternative fundraising optionstopic
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