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SoftBank issues ¥1.76 trillion in bonds to fund AI

SoftBank issues ¥1.76 trillion in bonds to fund AI

SoftBank Group said on the 24th it will issue about ¥1.76 trillion in foreign-currency bonds to overseas institutional investors — $10 billion in dollars and €1 billion in euros — its largest simultaneous bond sale ever. Proceeds will fund a planned additional $10 billion investment in US-based OpenAI on October 1.

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