This would be on top of the $15 billion SoftBank has already committed to Stargate. SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company’s executives told banks last week,

Masayoshi Son’s SoftBank is in discussions to borrow $16 billion to invest in AI and could borrow another $8 billion early next year.

SoftBank Group plans to borrow US$16 billion ($25.8 billion) to invest in artificial intelligence, the company's executives told banks last week, according to sources cited by The Information.