SoftBank Group Corp. said Thursday it will raise $11.1 billion to finance the final tranche of a $30 billion investment in OpenAI.The company said it will issue dollar- and euro-denominated bonds maturing between 2030 and 2034 for overseas investors.The move comes as the Japanese conglomerate seeks to position itself as a leading investor in the artificial intelligence sector.SoftBank Group has already invested $54.6 billion in OpenAI and plans to use the funds raised this time to make an investment of $10 billion in October.READ FULL ARTICLE
