CryptoWorld News reports that, according to Benzinga, SoftBank Group is seeking a $10,000,000,000 loan, using its stake in OpenAI, a U.S. artificial intelligence leading company, as collateral, with the aim of increasing investment in the AI sector. According to Bloomberg, the credit default swap for this loan has risen by about 10 basis points and is now approaching 360 basis points, close to the annual high of 376 basis points in March. The loan has a two-year term, and SoftBank can choose to extend it by one year. SoftBank previously made a large-scale investment in OpenAI, and earlier this year it added another $30,000,000,000, bringing its stake to 13%. SoftBank Chairman and CEO Masayoshi Son said that AI is changing the world at an unprecedented speed, and OpenAI is a clear leader, with world-class technology and an unmatched global user base.

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