{
  "id": 7230862,
  "title": "SoftBank gets upsized $11.9 billion loan in OpenAI funding push",
  "url": "https://urgent.news/2026/09/14/softbank-gets-upsized-11-9-billion-loan-in-openai-funding-push",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-14T02:38:17.000Z",
  "source": {
    "name": "Economic Times Tech",
    "slug": "economic-times-tech",
    "url": "https://economictimes.indiatimes.com/tech/artificial-intelligence/softbank-gets-upsized-11-9-billion-loan-in-openai-funding-push/articleshow/134231129.cms"
  },
  "original_language": "en",
  "account": "SoftBank Group Corp. has secured an $11.87 billion loan to bolster its investment in US AI firm OpenAI, according to sources familiar with the matter. This amount exceeds the initial $10 billion target set by the Japanese conglomerate. The two-year facility was finalized last week and attracted commitments from approximately 20 banks, although SoftBank declined to comment on the matter.\n\nThe financing comes amid growing concerns over the risks associated with AI development. OpenAI CEO Sam Altman recently stated in an interview with Fortune that his company would not proceed with a public offering this year due to safety-related concerns. SoftBank shares plummeted by up to 13% on Monday, marking their lowest point since July 17.\n\nThe latest borrowing marks a continuation of SoftBank's recent debt financing activities linked to its OpenAI investment. These include a $10 billion margin loan backed by its stake in OpenAI and a potential bond sale of up to $20 billion, despite warnings about increasing credit risks in the AI sector.\n\nSoftBank announced last week that it would repay the remaining balance of a $40 billion loan it obtained earlier this year to finance its investment in OpenAI. The company aims to settle its $25.9 billion debt by September 15, according to a statement. The non-collateralized borrowing was scheduled to mature in March of the following year.\n\nSoftBank is scheduled to meet with investors in New York this week to gauge interest in a potential US dollar junk-bond sale, with estimates ranging from $10 billion to $20 billion, according to sources familiar with the matter. The firm, founded and led by billionaire Masayoshi Son, plans to invest nearly $65 billion in OpenAI by October. So far this year, SoftBank has raised about $37 billion through offshore and domestic bond sales and loans, including the recent facility, as per Bloomberg-compiled data.",
  "summary": "The latest borrowing would add to SoftBank’s wave of recent debt financing activities tied to its bet on OpenAI. That includes a $10 billion margin loan backed by its OpenAI stake and a potential bond sale of as much as $20 billion, despite concerns about growing credit risks in the artificial intelligence sector.",
  "key_points": [
    "SoftBank secured $11.87 billion loan to fund OpenAI investment",
    "Loan exceeds initial $10 billion target set by SoftBank",
    "Financing amid growing AI development safety concerns"
  ],
  "editors_take": "SoftBank's upsized $11.9 billion loan cements its aggressive financing strategy to support a nearly $65 billion investment in OpenAI, despite rising credit risks and safety concerns in the AI sector.",
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "SoftBank gets upsized US$11.9 billion loan in OpenAI funding push",
        "url": "https://urgent.news/2026/09/14/softbank-gets-upsized-us-11-9-billion-loan-in-openai-funding-push",
        "published": "2026-09-14T02:54:08.000Z"
      },
      {
        "outlet": "Japan Times",
        "title": "SoftBank gets upsized $11.9 billion loan in OpenAI funding push",
        "url": "https://urgent.news/2026/09/14/softbank-gets-upsized-11-9-billion-loan-in-openai-funding-push-7231441",
        "published": "2026-09-14T02:55:00.000Z"
      },
      {
        "outlet": "Tech in Asia",
        "title": "SoftBank secures $11.9b loan for OpenAI investment",
        "url": "https://urgent.news/2026/09/14/softbank-secures-11-9b-loan-for-openai-investment",
        "published": "2026-09-14T03:54:36.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Softbank Group stock slides 11% after OpenAI says it will not seek a 2026 IPO",
        "url": "https://urgent.news/2026/09/14/softbank-group-stock-slides-11-after-openai-says-it-will-not-seek-a",
        "published": "2026-09-14T05:27:20.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "SoftBank gets $11.87B loan for OpenAI bet, AI concerns hit shares - report",
        "url": "https://urgent.news/2026/09/14/softbank-gets-11-87b-loan-for-openai-bet-ai-concerns-hit-shares-report",
        "published": "2026-09-14T06:27:43.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}