SoftBank’s AI investments and bond sale
SoftBank raised more than $11bn in a record junk bond offering, paying yields of up to 9.75% to fund its OpenAI bet. Masayoshi Son is also seeking to build SoftBank into a leading AI platform through investments in AI and semiconductor assets.
Timeline
Thursday, 24 September
- SoftBank's growing bets on AI and semiconductor assets
Masayoshi Son aims to make SoftBank the world's leading AI platform
- SoftBank raises $11.1 billion in bonds to fund its OpenAI investment
SoftBank issued $11.1 billion in dollar- and euro-denominated bonds
