Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

SoftBank CEO Masayoshi Son eyes $16 billion loan for AI investments

Masayoshi Son

SoftBank Group CEO Masayoshi Son is reportedly seeking a $16 billion loan to fuel investments in artificial intelligence (AI), according to sources cited by The Information. The Japanese tech giant is also considering an additional $8 billion loan in early 2026 to expand its AI ambitions further.

SoftBank has been aggressively increasing its footprint in AI. In January, Reuters reported that the conglomerate was in talks to invest up to $25 billion in OpenAI, the company behind ChatGPT. This investment would add to the $15 billion SoftBank has already committed to Stargate, an AI-focused initiative.

AdvertisementElets BFSI AI Summit & Awards, Mumbai

Previously, The Information revealed that SoftBank was targeting a total of $40 billion in investments across OpenAI and Stargate, with plans to raise up to $18.5 billion backed by publicly traded assets.

Stargate is a major AI initiative backed by SoftBank, Oracle, and OpenAI, aiming to invest up to $500 billion in ensuring the United States remains at the forefront of AI innovation. The project was unveiled at the White House in January, with key figures such as former U.S. President Donald Trump, SoftBank’s Masayoshi Son, OpenAI CEO Sam Altman, and Oracle Chairman Larry Ellison.

As competition in AI heats up globally, SoftBank’s aggressive push signals its commitment to shaping the future of the sector.

AdvertisementInfoComm India 2026

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Our Coverage of News

Razorpay Partners with OpenAI to Help Indian Brands Advertise on ChatGPT

Razorpay has partnered with OpenAI to help Indian brands explore advertising opportunities on ChatGPT, potentially opening a new… Read more →

GreyLabs AI Partners with Federal Bank to Deploy Voice AI Across Customer Interactions

GreyLabs AI has partnered with Federal Bank to bring Voice AI into everyday customer interactions, with applications spanning… Read more →

HDFC Bank Appoints V.N. Srivatsan as Chief Compliance Officer

HDFC Bank has appointed V.N. Srivatsan as its new Chief Compliance Officer (CCO) for a three-year term, effective… Read more →

ICICI Prudential Life Insurance Appoints Sidharatha Mishra as MD & CEO

ICICI Prudential Life Insurance Company Limited has appointed Sidharatha Mishra as Managing Director and Chief Executive Officer, effective… Read more →

NBFCs Account for 47% of New-to-Credit Consumer Originations: FIDC-TransUnion CIBIL Report

Mumbai, October 5, 2026: Non-Banking Financial Companies (NBFCs) have emerged as a major gateway to formal credit in… Read more →

Federal Bank Appoints Virat Diwanji as Executive Director

Federal Bank has appointed Virat Diwanji as Executive Director, effective October 12, 2026, following approval from the Reserve… Read more →

whatsapp--v1