Stargate AI project

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SoftBank Reportedly Aims to Borrow $16 Billion for AI ‘Stargate'
PYMNTS.com· 2025-04-01 13:26
SoftBank is reportedly seeking up to $16.5 in financing for the so-called "Stargate" AI project. This bridge loan would be the Japanese conglomerate's largest ever facility denominated in dollars, Bloomberg News reported Tuesday (April 1), citing sources familiar with the matter. The report notes that SoftBank is looking for financing as it tries to launch a $500 billion artificial intelligence (AI) infrastructure effort in the U.S., as well as robotics and semiconductor projects. While the company is worki ...