LLM News

SoftBank is pursuing a record $40 billion loan to fund its stake in OpenAI, representing one of the largest single financing bets in the AI industry. The move reflects the scale of capital deployment in generative AI but raises questions about leverage-driven growth in the sector.

OpenAI has closed a $110 billion funding round with Amazon committing $50 billion, Nvidia $30 billion, and SoftBank $30 billion. The company is now valued at $730 billion, following a previous $40 billion round in 2025. The funding includes custom model development agreements between OpenAI and Amazon Web Services.