Masayoshi Son borrowed $40 billion, unsecured, due in 2 months. All just to cover his $30 billion bet on OpenAI. Adding the previous investments, his total bet on OpenAI exceeds $60 billion. The lenders are JPMorgan Chase, Goldman Sachs, and four Japanese banks. They're all betting on OpenAI going public this year. Once it IPOs, SoftBank will use the exit proceeds to repay the loans. If it doesn’t IPO… This is the biggest AI leverage gamble I’ve ever seen. Masayoshi Son is using the banks’ money to bet on the future of AI. The banks are betting on SoftBank and OpenAI going public.