Finance

Apollo Mulls Raising SoftBank Loan to $9 Billion for OpenAI Bets

Verified report from bloomberg.com

NewsMatic brief

Apollo Global Management Inc. is in talks with SoftBank Group Corp. about boosting the size of a loan to $9 billion from $5.4 billion to help the Japanese firm amplify its bets on AI giant OpenAI.

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Read the full report at bloomberg.com

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