TechFlow, May 21 — According to Jinshi Data, SoftBank Group will finance its artificial intelligence investments through a bridge loan led by Mizuho Bank, Sumitomo Mitsui Banking Corporation, and JPMorgan Chase as lead underwriters, demonstrating SoftBank's ability to secure funding for its ambitious goals. The one-year, $15 billion bridge loan—the largest financing deal in SoftBank’s history so far—will be funded by 21 banks, with Mizuho providing $1.35 billion, SMBC $1.25 billion, and JPMorgan $1 billion. HSBC and Barclays together will contribute $950 million, while Goldman Sachs Group and seven other banks including MUFG will jointly provide $850 million. This funding will support SoftBank’s long-term strategy to shape the trajectory of artificial intelligence development. CFO Yoshifumi Hotozuka revealed during last week’s earnings call that initial priorities include the $6.5 billion acquisition of chip design firm Ampere Computing and up to $30 billion in investments into OpenAI.
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