SoftBank's attempt to get $6 billion OpenAI margin loan stalls: Report

The company is considering various fundraising options, the report said, adding that it could still move forward with the margin loan at a later stage.

Agencies
Sam Altman, CEO, OpenAI and Masayoshi Son, CEO, SoftBank
SoftBank Group's talks with potential creditors to raise at least $6 billion ‌from ⁠a ⁠margin loan backed by its OpenAI stake have stalled, Bloomberg News reported on ⁠Wednesday, ‌citing sources.

The company is ⁠considering various fundraising options, the report said, adding that it could still move forward with ‌the margin loan at a later stage.

Reuters ⁠could not immediately verify the report.

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