SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company's executives told banks last week, The Information tech news website reported on Saturday, citing people familiar with the matter.

TOKYO : SoftBank Group CEO Masayoshi Son plans to borrow US$16 billion to invest in AI, the company’s executives told banks last week, The Information tech news website reported on Saturday, citing people familiar with the matter. The Japanese technology investor might borrow another US$8 billion in early 2026, the report added.

SoftBank Group CEO Masayoshi Son is planning significant financial maneuvers with $16 billion borrowed for AI investments. The group may borrow an additional $8 billion by 2026. This move includes substantial stakes in Stargate and OpenAI,

Billionaire Masayoshi Son, founder and CEO of Japanese multinational investment company SoftBank Group, is one of the richest people in the world. Considered one of the most powerful investors in the world,

Last week as Elon Musk seemed to place his OpenAI offer on and off the table daily, something else OpenAI-related caught our eye — SoftBank reported a net loss of nearly $2.4 billion for its fiscal third quarter.

Scale’s former managing director will appear this week at a Senate confirmation hearing for the White House’s top science role.

OpenAI is reportedly planning to shift its compute needs away from Microsoft and instead rely on capacity provided by its Stargate partner SoftBank.