SoftBank in negotiations to borrow $ 16 billion for data reports fund

(Reuters) – SoftBank Group Masayoshi oglu plans to borrow $ 16 billion to invest in the EU, the company’s executors informed about information technologies about the company’s executives, informed those familiar with the issue.

In the report, the investor in Japanese technology could borrow $ 8 billion in early 2026.

Reuters, SoftBank in January, the Japanese conglomeration was sent to the sector, the owner of the CHATGPT said in the talks to invest $ 25 billion in Openai.

SoftBank’s investment would be over $ 15 billion, this was already decided to Stargate, reuters, citing a person familiar with the issue.

Earlier, SoftBank plans to invest only $ 40 billion to Stargate and Openai and plans to borrow up to $ 18.5 billion supported by the assets listed in the public.

Stargate, Oracle, Openai and SoftBank is a joint venture of Orace and SoftBank, who planned to invest $ 500 billion in the US and other opponents in the Global AI race.

Enterprise, US President Donald Trump, Softbank’s son, Openai CEO SAM Altman and Oracle Chairman Larry Ellison, Oracle Board President Larry Ellison was declared in January.

(Edit by William Maclean in Bengaluruda Shah’s Sheet)