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The Economic Times
The Economic Times
Technology

SoftBank renews talks for $10 billion loan against OpenAI stake, adds concessions

OpenAI Goldman Sachs

By Echo Wang

July 1 - SoftBank Group has reopened talks with a consortium of lenders for a $10 billion loan backed by its stake ​in OpenAI, after earlier attempts to secure a ​loan stalled over concerns about the difficulty of valuing private companies, two people familiar with ​the matter said.

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