Gate News message, April 15 — SoftBank has entered a soft launch phase with banks for a $40 billion bridge loan to fund its OpenAI investment, inviting additional lenders to join as sub-underwriters. According to Bloomberg, each new participant is being asked to commit approximately $5 billion.
The facility, announced last month and due March 25, 2027, is underwritten by JP Morgan, Goldman Sachs, Mizuho Bank, SMBC, and Mitsubishi UFJ Financial Group. The financing adds to more than $30 billion that SoftBank has already injected into OpenAI.
SoftBank previously participated in OpenAI’s October 2024 funding round with a reported $500 million investment. OpenAI has forecast revenue of $11.6 billion in 2025.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitdeer Maintains Zero Bitcoin Holdings After Selling 177 BTC This Week
Bitdeer reported producing and selling 177 BTC in the week ending April 17, resulting in no net increase in its holdings, leaving the firm with a zero Bitcoin position.
GateNews15m ago
X's Cashtags Feature Hits $1 Billion in Trading Volume Within Two Days of Launch
X's new Cashtags feature, launched on April 15, generated $1 billion in trading volume in two days, allowing users to access trading platforms and view price charts. Currently available only on iPhone in the U.S. and Canada, it complements the forthcoming X Money payment system, part of Elon Musk's vision for an "everything app."
GateNews1h ago
MicroStrategy Stock Rallies as Bitcoin Breaks $78K, Unrealized Gains Return to $1.37B
MicroStrategy's stock surged 13.83% as Bitcoin reclaimed $78,000, returning the company to an unrealized profit of $1.37 billion. The rise follows easing tensions in the Middle East and a broader rally in risk assets, despite criticism of its preferred stock.
GateNews1h ago
Tesla Terafab launches a major hiring drive—targeting Taiwan’s 2nm and advanced packaging talent
Tesla announced it is pushing forward the “Terafab” program, aiming to build self-sufficient semiconductor manufacturing capabilities in Texas, and to recruit engineers in Taiwan with 2nm process technology and advanced packaging skills. This move will affect Taiwan’s semiconductor talent market and shows Tesla’s focus on reducing reliance on external wafer foundry outsourcing.
ChainNewsAbmedia2h ago
U.S. Stock Indices Post Strong Gains, Nasdaq Extends 13-Day Rally; Oil Prices Plunge on Strait of Hormuz Reopening
Gate News message, April 18 — U.S. stock indices closed sharply higher on April 17, with the S&P 500 rising 1.2% to 7,126.06, the Nasdaq Composite gaining 1.52% to 24,468.48, and the Dow Jones Industrial Average climbing 1.79% to 49,447.43. The Nasdaq extended its winning streak to 13 consecutive tr
GateNews2h ago
STRC changes to paying dividends every half month! MicroStrategy founder Saylor also recommends that friends and family buy in
MicroStrategy announced that it will change the dividend payment frequency for its preferred stock STRC to every half month, while keeping the annual interest rate at 11.5%, with the aim of stabilizing the share price, improving liquidity, and increasing demand. Founder Saylor emphasized that STRC has a high Sharpe ratio of 4.5 and low volatility, recommended that friends and family invest in the stock, and said it is tax-friendly for investors in Taiwan.
ChainNewsAbmedia2h ago