[BUSINESS]■ STORY TIMELINE
SOFTBANK BORROWS $11B IN RISKY BONDS FOR OPENAI
SoftBank is raising over $11 billion through high-yield bonds to fund an additional investment in OpenAI, expanding its stake in the AI company.
The Decoder+0m
SoftBank plans to borrow more than $11 billion from investors through risky bonds to fund another payment for its stake…