SoftBank Group is reportedly seeking up to $40 billion in loans to finance its investment in OpenAI, marking its largest-ever dollar-denominated borrowing. The transitional loan, with a term of about 12 months, is underwritten by four banks, including JPMorgan Chase. Negotiations are ongoing, and details may change. This move highlights SoftBank founder Masayoshi Son's strategy to strengthen the company's position in the global AI sector. As of last December, SoftBank held an 11% stake in OpenAI and has sold assets, including NVIDIA shares, to support its investment in the AI firm.