SoftBank is trying to finalize 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 competitiveness 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 achieve its financing goals, SoftBank is converting important assets into cash. So far, the company has raised significant amounts by divesting Nvidia (NVDA) shares worth $5.8 billion and T-Mobile (TMUS) shares worth $4.8 billion. Additionally, there has been 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 has implemented a personal approval requirement for all deals over $50 million 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 secured against Arm Holdings (ARM) shares, which it has not yet utilized. The potential doubling of Arm's share value post-IPO offers additional credit opportunities for SoftBank.

Developments on PayPay and DiDi Global

SoftBank is also continuing its efforts for the IPO of PayPay, which has been postponed due to the U.S. government shutdown. Initially planned for this month, the IPO has now been postponed to the first quarter of 2026, during which over $20 billion in funding is expected to be generated. Additionally, the company is evaluating plans to divest some of its holdings in DiDi Global (DIDIY).