[SoftBank Seeks $40 Billion Loan to Invest in OpenAI] Odaily Planet Daily News – According to informed sources, SoftBank Group is seeking a loan of up to $40 billion, primarily to finance its investment in OpenAI. This would be its largest dollar-denominated borrowing to date. Some insiders revealed that the transitional loan has a term of approximately 12 months and is underwritten by four banks, including JPMorgan Chase. Negotiations with the banks are still ongoing, and specific details may change. The potential scale of the loan highlights SoftBank founder Masayoshi Son's aggressive strategy to position the company as a key player in the global artificial intelligence boom. As of the end of December last year, SoftBank held approximately 11% of OpenAI's shares. To support its continued bet on OpenAI, SoftBank has sold assets, including shares in NVIDIA. (Jin10)