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

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.