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SoftBank renews talks for $10 billion loan against OpenAI stake, adds concessions, sources say

SoftBank Group has reopened talks with a consortium of lenders for a $10 billion loan backed by its stake in OpenAI, after earlier attempts to secure a loan stalled over concerns about the difficulty of valuing private companies, two people familiar with the matter said. To make lenders more comfortable, the Japanese technology investor is … Read more

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