SoftBank completes final $10B OpenAI tranche

SoftBank Group executed the final US$10 billion tranche of its follow-on investment in OpenAI through SoftBank Vision Fund 2, completing a US$30 billion follow-on commitment announced in February. SoftBank's cumulative investment in OpenAI now stands at US$64.6 billion, representing an ownership interest of about 13%. The company funded the latest tranche using proceeds from senior notes and canceled remaining undrawn capacity under a bridge facility. Open article →