SoftBank is trying to complete a $22.5 billion fund for OpenAI.

SoftBank's Accelerating Efforts for OpenAI

The Japanese technology giant SoftBank (SFTBY) is taking significant steps to strengthen its competition in the field of artificial intelligence. The company aims to mobilize all its resources by the end of the year to complete its $22.5 billion funding for OpenAI.

Strategic Moves for Financing

To meet its financing targets, SoftBank is converting important assets into cash. So far, the company has raised a significant amount by selling Nvidia (NVDA) shares worth $5.8 billion and T-Mobile (TMUS) shares worth $4.8 billion. Additionally, it has also undergone a significant downsizing in the Vision Fund team.

CEO Masayoshi Son's New Strategies

SoftBank CEO Masayoshi Son is minimizing other investments made under the Vision Fund and implementing a personal approval requirement for all deals over $50 million in order to mitigate risks. These decisions are reshaping SoftBank's financing strategy.

Credit Options and Other Investments

SoftBank also has the option to draw on a $11.5 billion collateral loan received in exchange for Arm Holdings (ARM) shares, which have not yet been utilized. The potential doubling of Arm's stock value after its public offering offers additional credit opportunities for SoftBank.

Developments Regarding PayPay and DiDi Global

SoftBank continues to work on the public offering of PayPay, which has been delayed due to the U.S. government's shutdown. The initially planned offering for this month has now been postponed to the first quarter of 2026, with the expectation of generating over $20 billion in resources during this period. Additionally, it is also considering plans to divest some of its stakes in DiDi Global (DIDIY).