SoftBank said last week that it would repay the balance of a $40 billion loan it obtained earlier this year to finance its investment in OpenAI. The company plans to pay down the $25.9 billion it owes on Sept. 15, according to a statement.
Market Samachar is a news aggregator. This article was originally published by NDTV Profit - Latest. Tap the button above to read the full story on their site.