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SoftBank Group has increased its margin loans secured by chip subsidiary Arm shares by $5 billion to $25 billion. The loan was renegotiated and signed with creditors this month to support SoftBank's expansion of AI investments. SoftBank founder Sun Zhengyi needs billions of dollars for his growing investment in artificial intelligence, including a commitment to OpenAI of nearly $65 billion. This is the third time SoftBank has expanded the size of margin loans secured by Arm shares.
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SoftBank Group has increased its margin loans secured by chip subsidiary Arm shares by $5 billion to $25 billion. The loan was renegotiated and signed with creditors this month to support SoftBank's expansion of AI investments. SoftBank founder Sun Zhengyi needs billions of dollars for his growing investment in artificial intelligence, including a commitment to OpenAI of nearly $65 billion. This is the third time SoftBank has expanded the size of margin loans secured by Arm shares.
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