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Get the free app no ads · no paywallTechnology · 10 hours ago
SoftBank Group is trying to borrow more than $11 billion in what could be one of the largest junk bond deals ever. The money will partly fund a follow-on investment in OpenAI, the creator of ChatGPT, expected to close next month. SoftBank's investment further ties its finances to its ability to make money from its OpenAI holdings.
Reported by japantimes.co.jp · How we write briefs
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