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

SoftBank's Accelerating Efforts for OpenAI

The Japanese tech giant SoftBank (SFTBY) is taking significant steps to strengthen its competitive position 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 significant assets into cash. The company has so far raised a considerable amount by divesting Nvidia (NVDA) shares worth $5.8 billion and T-Mobile (TMUS) stakes worth $4.8 billion. In addition, it has also made significant staff reductions in the Vision Fund team.

CEO Masayoshi Son's New Strategies

SoftBank CEO Masayoshi Son is minimizing other investments made under the Vision Fund, implementing 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 access a $11.5 billion collateral loan it received in exchange for Arm Holdings (ARM) shares, which has yet to be utilized. The potential doubling of Arm's shares value following its IPO provides SoftBank with additional credit opportunities.

Developments on PayPay and DiDi Global

SoftBank is also continuing efforts for the IPO of PayPay, which was postponed due to the U.S. government shutdown. The initial plan for this month's IPO has now been delayed to the first quarter of 2026, and over $20 billion in funding is expected to be generated during this period. Additionally, it is considering plans to divest some of its interests in DiDi Global (DIDIY).