3 ms·
SoftBank hold huge positions in companies like OpenAI, funded using debt. The interest on those loans is killing them, and until OpenAI actually IPOs and SoftBa
by avianlyric 4mo ago
SoftBank hold huge positions in companies like OpenAI, funded using debt. The interest on those loans is killing them, and until OpenAI actually IPOs and SoftBank can sell their stake, they have to pay that interest using cash from somewhere else.