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SoftBank Boosts Credit Line to $6.5 Billion

SoftBank Boosts Credit Line to $6.5 Billion as AI Debts Mount

SoftBank Group Corp. secured an additional $450 million to increase the size of an existing credit line to $6.5 billion, people familiar with the matter said, giving the Japanese conglomerate more financial flexibility as it expands investments in artificial intelligence.

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Source: Bloomberg Tech · Opens in new tab