路透：卖光英伟达、抵押Arm加杠杆！软银“孤注一掷”OpenAI，力争年底前资金到位

Core Viewpoint - SoftBank is aggressively raising funds to fulfill its $30 billion investment commitment to OpenAI, aiming to complete the remaining $22.5 billion by the end of the year [1][4][11]. Fundraising Strategies - SoftBank, led by founder Masayoshi Son, is utilizing large-scale asset disposals and debt financing to secure the necessary funds [3][6]. - Son has sold all of SoftBank's $5.8 billion stake in Nvidia and reduced its T-Mobile US holdings by $4.8 billion [4][7]. - The company is also considering leveraging its shares in Arm Holdings to obtain a margin loan of $11.5 billion, having recently increased the loan limit by $6.5 billion [9][10]. Focus on OpenAI - The Vision Fund's investment managers have been instructed to shift their focus entirely to the OpenAI deal, indicating the urgency of the situation [8]. - OpenAI's valuation has surged since the initial investment agreement in April, with estimates now approaching $900 billion, significantly increasing the potential returns for SoftBank [11]. Financial Needs of OpenAI - OpenAI is facing rising costs for training and operating AI models, necessitating the new funds from SoftBank [12]. - CEO Sam Altman has stated that OpenAI aims to invest $1.4 trillion to build 30GW of computing power, with a weekly increase of 1GW, highlighting the substantial financial requirements [13][14].