AIBearishcrypto.news · 11h ago6/10
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SoftBank cuts OpenAI-backed loan target to $6B as lenders balk at valuation
SoftBank has reduced its planned margin loan to OpenAI from approximately $10 billion to $6 billion after lenders expressed concerns about the deal's structure and OpenAI's valuation challenges as a private company. The reduction reflects broader skepticism among financial institutions about pricing unlisted AI companies and structuring complex financing arrangements in the sector.
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