Apollo Global Management is in discussions with SoftBank Group over a potential increase in a loan backed by assets held in the Japanese conglomerate’s Vision Fund 2, as SoftBank seeks additional financing for its substantial investment in OpenAI, according to a report by Bloomberg.
The proposed facility could rise to $9bn from its current $5.4bn, according to people familiar with the matter. The size of the potential increase has not been finalised, and the discussions may not result in a revis...
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