SoftBank Cuts OpenAI Margin Loan Target by 40% to $6B
SoftBank cuts its OpenAI margin loan target 40% — from ~$10B to $6B — as lenders apply stricter terms to private AI company collateral. Via Bloomberg.
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OpenAI Launches $10 Billion Private-Equity Joint Venture
OpenAI launches a $10B private-equity joint venture as it restructures from nonprofit to for-profit — diversifying beyond VC after closing the largest VC deal in history earlier this year.