E982 - SoftBank Doubles Down on OpenAI With Massive $10 Billion Investment

In today's Cloud Wars Minute, I look at why SoftBank is turning to the bond market to finance its latest $10 billion OpenAI investment.

Highlights

00:03 — It's fair to say that we're at an interesting inflection point when it comes to how AI innovation is set to progress, what might constrain it, and where, eventually, lines may be drawn. However, that hasn't slowed planned investment in some of the biggest U.S. firms.

00:19 — Most recently, Japanese investment giant SoftBank has announced that, through the issuance of senior unsecured bonds, it will be borrowing over $11 billion to h...