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Technology

SoftBank adds $21 billion to AI firepower in new debt deals

Economic Times - Tech ·
SoftBank adds $21 billion to AI firepower in new debt deals

The Japanese conglomerate increased its margin loan backed by shares of its chip unit Arm Holdings Plc by $5 billion to $25 billion, people familiar with the matter said on Friday.

And it recently secured an additional $450 million to an existing credit line, bringing the total to $6.5 billion, according to people familiar with that deal.

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5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to Economic Times - Tech.

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