Sources familiar with the matter say SoftBank Group is seeking a loan of up to $40 billion, primarily to finance its investment in OpenAI, which would be its largest ever dollar-denominated borrowing. Some sources indicated that the bridging loan would have a term of approximately 12 months and would be underwritten by four banks, including JPMorgan Chase. Negotiations with the banks are ongoing, and specific details are subject to change. The potential size of the loan underscores SoftBank founder Masayoshi Son's aggressive strategy to position the company as a key player in the global AI boom. As of the end of last December, SoftBank held approximately 11% of OpenAI's shares. To support its continued bet on OpenAI, SoftBank has sold assets, including its stake in Nvidia. (Jinshi)