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OpenAI Valuation Doubts Loom As Softbank Scales Back Margin Loan

OpenAI Valuation Doubts Loom As Softbank Scales Back Margin Loan SoftBank Group's abrupt scaling back of a planned $10 billion margin loan backed by its roughly 13% stake in OpenAI - now targeting as little as $6 billion - reveals deepening lender unease over the AI giant’s $852 billion post-money valuation set in March 2026. The move follows earlier $40 billion bridge financing and comes amid reports that OpenAI missed internal revenue and weekly-active-user targets earlier this year. While the loan itself is SoftBank’s problem, the episode carries real risks for OpenAI. The...
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