Masayoshi Son, founder of SoftBank, is reportedly seeking significant financial backing from Gulf sovereign investors for a new AI-focused acquisition fund, with targets potentially reaching $100 billion. SoftBank invested $64.6 billion in OpenAI for a 13% stake, financed through a $40 billion bridge facility and an $11.1 billion high-yield bond issuance, the world’s largest corporate junk-bond sale. These maneuvers come as OpenAI completed a $122 billion funding round valuing the company at $852 billion. Analysts suggest that this search for additional capital could have implications for OpenAI’s financial stability.
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