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Home > Latest

SoftBank (SFTBY.US) doubles down on its AI gamble! It has secured a $10 billion loan by pledging its shares in OpenAI.

date
06/08/2026
Zhitong Finance APP has learned that SoftBank (SFTBY.US) has secured a $10 billion margin loan, using its shares in the American AI giant OpenAI as collateral. This marks another significant financing move in the companys aggressive bet on the AI sector.
Latest
1 m ago
U.S. Treasury bonds fell; previously, British media reported that if inflation remains strong, Federal Reserve Chairman Waller may be poised to raise interest rates in September. In addition, Alphabet (GOOG.O) has launched a $10 billion investment-grade bond issuance.
1 m ago
Yunxing Tai Group (08362.HK) expects a net profit of approximately HKD 1.9 million in the first half of the year.
2 m ago
ST Jiaong: Abnormal fluctuations in stock trading; there are no significant matters that should have been disclosed but were not.
3 m ago
Shengda Resources (000603.SZ) subsidiary Yindu Mining's 900,000 tons/year mining technological transformation project has been approved.
3 m ago
Romanian Prime Minister Nicolae Ciuc stated that, based on the estimated operating duration of the nuclear reactor, industrial users will not be affected by potential power restrictions in the next 5 to 7 days.
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