SoftBank Group launches $11 billion junk bond issuance for artificial intelligence investment and mergers and acquisitions

SoftBank Group launches over $11 billion in junk bond issuance, including $10 billion in US dollar bonds and € 1 billion in Euro bonds. The funds will be used for investment and mergers and acquisitions in the field of artificial intelligence, and support a $65 billion commitment to OpenAI (Source: Jin10)