Billionaire Masayoshi Son seeks $100 billion from Gulf investors for AI expansion
SoftBank founder Masayoshi Son is seeking up to $100 billion from Gulf investors for a fund to buy companies and overhaul them with AI.
Masayoshi Son
Billionaire Masayoshi Son's AI debt grows as OpenAI's IPO slips past 2026
Masayoshi Son built his OpenAI financing around an eventual listing that would let him borrow against a market price. Sam Altman has now said it will not happen this year. The borrowing has continued regardless, and the cost of insuring SoftBank's debt is rising.
Billionaire Masayoshi Son borrows $11.87 billion more for his OpenAI bet
SoftBank secured an $11.87 billion two-year loan from about 20 banks, exceeding its $10 billion target, to fund its OpenAI investment.
Billionaire Masayoshi Son bets $12 billion on Intel, putting 67% of SoftBank's US portfolio in one name
Masayoshi Son's SoftBank has concentrated 67% of its $18 billion US equity portfolio into a single stock, committing $12 billion to Intel in one of the most concentrated big-money bets in recent memory.