SoftBank Group Corp.

Money Moves

Reported participant in OpenAI's round

The Financial Times reported on November 3 that OpenAI is seeking up to $20 billion at a $1.25 trillion valuation, about a third less than the $30 billion it first pitched. The round is still open, with roughly $11 billion in commitments, and the figures could change.

Updated 4 days ago

Rule Changes

Owner of Arm

On October 13, a Delaware jury found Arm breached its architecture license with Qualcomm and interfered with Qualcomm's relationship with Meta. It awarded $2, one dollar for each claim, and both companies called the result a win.

Updated 4 days ago

Money Moves

Paid the final $10B OpenAI tranche on October 1, 2026; the $40B bridge is repaid and its undrawn capacity cancelled

SoftBank finished paying for its OpenAI stake on October 1, sending the last $10 billion tranche for a total of $64.6 billion and about 13% of the company. It raised the cash in September with an $11.1 billion bond sale and an $11.9 billion loan, then retired the $40 billion bridge facility it had used to buy the shares.

Updated Oct 23

Money Moves

Largest shareholder in Prism at 40.04%

OYO's parent company, Prism, now has positive outlooks from all three major rating agencies. Moody's lifted its outlook on October 18, joining S&P and Fitch, after OYO's earnings before interest, taxes, depreciation and amortization (EBITDA) more than doubled to ₹2,630 crore in fiscal 2026.

Updated Oct 18

Money Moves

As of October 2026: Issuer of the 70th unsecured straight corporate bond (Fukuoka SoftBank HAWKS Bond)

SoftBank Group priced a ¥1 trillion retail bond on September 4, the largest ever sold in Japan, at a 4.75% coupon. On September 24 it followed with $10 billion of dollar notes and €1 billion of euro notes, a record junk-bond sale, to fund the final $10 billion tranche of its $30 billion follow-on investment in OpenAI.

Updated Oct 6

Money Moves

As of September 2026: Raised the only larger loan in Asia this year

ByteDance, the company behind TikTok, has secured a $29.6 billion loan from nearly 30 banks. It's the second-largest dollar-denominated loan in Asia this year, behind only SoftBank's $40 billion March raise.

Updated Sep 5

Money Moves

As of May 2026: Selling portfolio assets to fund AI strategy; PayPay's controlling shareholder post-IPO

PayPay, the mobile wallet used by three out of four smartphone owners in Japan, began trading on the Nasdaq on March 12 after raising $880 million in its initial public offering. The company sold roughly 55 million American Depositary Shares at $16 each, below its marketed range of $17 to $20, valuing the business at approximately $10.7 billion. It is the largest stock offering by a Japanese company on a U.S. exchange in over a decade.

Updated May 30

Money Moves

As of May 2026: Posted surprise quarterly profit on $45B in OpenAI valuation gains; $40B bridge loan fully syndicated to 8+ banks; cumulative OpenAI investment approximately $64.6B

After the $122 billion round closed at the end of March, OpenAI ended its Azure cloud exclusivity and capped Microsoft's revenue share at $38 billion through 2030. On May 18, a jury dismissed Elon Musk's suit seeking $134 billion and the reversal of OpenAI's for-profit structure.

Updated May 29

Money Moves

As of May 2026: Acquiring DigitalBridge to expand AI infrastructure control

SoftBank just agreed to pay $4 billion for DigitalBridge, the alternative asset manager that controls $108 billion in data centers, cell towers, and fiber networks across three continents. It's the latest—and clearest—signal that Masayoshi Son is betting SoftBank's future on owning the physical infrastructure that powers AI, not just the software running on top of it. The timing is no coincidence: SoftBank is racing to secure $22.5 billion by year-end 2025 to meet its Stargate funding commitment to OpenAI.

Updated May 16