SoftBank employees are raising internal alarms regarding founder Masayoshi Son’s $60 billion commitment to OpenAI. This investment aims to secure an approximate 13% stake in the artificial intelligence firm. Insiders express concern over the heavy concentration of capital into a single private entity.
While the Vision Fund reports significant paper gains, the scale of the investment introduces substantial financial risk. SoftBank utilized asset sales and a $40 billion bridge loan to fund the commitment. The company is also seeking additional loans backed by its OpenAI equity.
These concerns emerge as OpenAI faces intensifying market competition. The AI startup has reportedly missed several internal performance targets.