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SoftBank pushes for a full $10 billion loan against its OpenAI stake

SoftBank has reopened talks with Goldman Sachs, JPMorgan and Mizuho for a $10 billion margin loan against its OpenAI stake, this time offering a personal repayment guarantee to win lenders over. The renewed push comes as OpenAI's IPO timeline slips toward 2027, the same year SoftBank must repay a separate $40 billion bridge loan tied to the same investment.