SoftBank launches one of biggest junk bond deals ever to fund its OpenAI bet
abhiadesai · x · 2026-09-22
Per the FT, SoftBank is launching one of the biggest junk bond deals ever to fund its bet on OpenAI. "Gambling Man" biographer Lionel Barber notes history repeats itself, while one commenter argues Masayoshi Son will prove critics wrong again — "it pays to be a gambling man in the Singularity."
Related event: SoftBank sells over $11B junk bonds to fund OpenAI bet(3 posts)→
More from Venture
- Clio Marks One Year Since $1B vLex Deal, Its Fastest-Growing AI Product Signs a Customer Every 12 Minutes — EJWalters · 2026-11-12
- UBTECH sells 400 U1 Pro humanoids to Yongda Auto in ~$10M deal — CyberRobooo · 2026-11-12
- Physician-founded AI companies on a tear: PathAI up to $1.05B, CounselHealth $625M cash — DrDatta_AIIMS · 2026-11-12
- DeepVest white paper: SEC FY2027 exams target AI tools advisors can't prove they tested — PtrPomorski · 2026-11-12
- YC-backed Sintropix launches AI-native ERP that closes books daily and files taxes worldwide — ycombinator · 2026-11-12
- Polymarket prices 28% odds of a state data center moratorium; Torus raises $500M — Polymarket · 2026-11-12