SoftBank junk bond sale raises stakes for CEO Son's all-in AI bet
SoftBank launched an $11 billion junk bond sale, offering record yields of up to 9.75%, reflecting pressure on CEO Masayoshi Son to deliver returns on his substantial AI investments, including $64.6 billion in OpenAI. Analysts are now scrutinizing the concentration in SoftBank's portfolio, as the company navigates potential market overheating. Upcoming performance of AI companies will be critical for SoftBank's strategy.