According to ChainCatcher, SoftBank Group is reducing a financing plan backed by OpenAI equity, scaling down from approximately $10 billion to $6 billion. Lenders have raised concerns over the transaction structure and the reliability of OpenAI’s valuation as a private company, becoming a key factor hindering the financing progress. The loan was initially structured with a two-year term, extendable by one year, using SoftBank’s OpenAI stake as collateral.
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