The Debt Beneath the Dream (9 minute read)
TLDR AI
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Generative AI
SoftBank's shares are deflating fast. Investors are and concerned that the company cannot pay its debts, and debtors are getting nervous. It is unclear how SoftBank will meet its commitments to OpenAI in April. Its borrowed money and illiquid assets mean that the firm's margin for error is far thinner than any announcement ever suggested.