EconomicGlobal
Apollo Weighs Boosting SoftBank Loan to $9 Billion for OpenAI Investments
Published:
News summary
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 finance its investment in AI giant OpenAI.
- Importance
- Low · 25/100
- Impact direction
- Positive