SoftBank’s OpenAI Bonds Turn AI Conviction Into a $1 Billion Interest Test
SoftBank’s $11.1 billion bond issue turns its OpenAI investment into a cash obligation above $1 billion a year. The credit test now depends on…
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SoftBank’s $11.1 billion bond issue turns its OpenAI investment into a cash obligation above $1 billion a year. The credit test now depends on…
Read the story