Safety
In case you're wondering while this steaming POS is being floated now, it's because SoftBank needs to refinance the $40B bridge loan it used…
In case you're wondering while this steaming POS is being floated now, it's because SoftBank needs to refinance the 40B bridge loan it used to invest 30B into OpenAI before it matures in March 2027...
In case you're wondering while this steaming POS is being floated now, it's because SoftBank needs to refinance the 40B bridge loan it used to invest 30B into OpenAI before it matures in March 2027... otherwise the entire AI funding machinery starts breaking down SPAC vibes (via @theinformation)
Related
- money talks: after putting 50B into OpenAI • Amazon ratted on Anthropic • dropped their skeptical film about Sam Altman
- ≈ “our financials make no sense but we want to see how far we can push things”
- Masa can hype AI all he likes, but apparently he can’t even get a loan on his OpenAI shares. 🤔 But I actually half agree—and it might surpr…
Source: Gary Marcus (X) | 2026-09-02