SoftBank Starts Jumbo High-Yield Bond Sale to Finance AI Push

SoftBank Group Corp. launched what is set to be one of the largest corporate junk bond sales ever, tapping debt investors to fund large-scale investments in artificial intelligence. The size of the offering was not disclosed.

• SoftBank kicked off a high-yield bond sale to fund AI investments
• The deal could rank among the largest corporate junk bond sales ever
• Masayoshi Son's conglomerate is tapping debt investors for its AI push