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The Zhitong Finance App learned that according to people familiar with the matter, Apollo Global Management Company (APO.US) is in discussions with SoftBank Group (SFTBY.US) to increase the loan size from 5.4 billion US dollars to 9 billion US dollars to help the Japanese company increase its bet on artificial intelligence giant OpenAI. People familiar with the matter said that the financing was secured by SoftBank Vision Fund Phase II assets, and the final scale is yet to be determined.
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The Zhitong Finance App learned that according to people familiar with the matter, Apollo Global Management Company (APO.US) is in discussions with SoftBank Group (SFTBY.US) to increase the loan size from 5.4 billion US dollars to 9 billion US dollars to help the Japanese company increase its bet on artificial intelligence giant OpenAI. People familiar with the matter said that the financing was secured by SoftBank Vision Fund Phase II assets, and the final scale is yet to be determined.
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