SoftBank secures $40 billion loan to fund further OpenAI investment
Reuters March 27, 2026 11:19 PM
Synopsis

The ⁠facility, which ‌matures ​in ​March 2027, was ⁠arranged with lenders including JPMorgan ​Chase, Goldman Sachs, Mizuho ​Bank, Sumitomo Mitsui Banking Corp and MUFG Bank.

SoftBank Group said on Friday it has secured a $40 billion ‌loan ⁠through ⁠a bridge facility to fund further investments in ChatGPT maker OpenAI and for general corporate purposes.

The ⁠facility, which ‌matures ​in ​March 2027, was ⁠arranged with lenders including JPMorgan ​Chase, Goldman Sachs, Mizuho ​Bank, Sumitomo Mitsui Banking Corp and MUFG Bank.

The Japanese investor ‌has previously agreed to invest $30 billion ​in ​OpenAI ⁠through its Vision Fund 2. The bridge loan ​is unsecured, the company said.
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