The company is dangling pre-release model access and financial terms well above market to lock in PE distribution ahead of a possible IPO. Anthropic's parallel effort offers no such guarantee.

The world’s top AI model startups aren’t just focused on building the best models — they’re also looking to take a part ...

A reconstructed cap table circulating on social media puts numbers to the most closely watched private equity story in tech history.

OpenAI is no longer content to build the smartest AI models and hope businesses figure out what to do with them. In May 2026, ...

OpenAI has reportedly modified its arrangement on several Stargate projects, leaving the direct ownership set up and instead ...

The $40 billion bridge loan SoftBank signed in March to fund its investment in OpenAI is attracting more lenders, with at least eight banks now having submitted commitments as sub-underwriters as of ...

The unsecured facility, arranged with JPMorgan Chase, Goldman Sachs, Mizuho, SMBC and MUFG, matures in March 2027. Once SoftBank’s $30B follow-on investment in OpenAI closes, its cumulative stake will ...

AI giants OpenAI and Anthropic are forging major joint ventures with private equity firms, injecting billions to accelerate ...

SoftBank Group is once again pushing the boundaries of the loan market in Asia Pacific with a mammoth financing of up to US$40bn to fund a new investment in OpenAI, in what could become the ...

Move adds to SoftBank’s broader debt-backed OpenAI funding push. SoftBank Group is seeking to raise as much as $10 billion ...