With a heavy emphasis on new AI investments, SoftBank’s billionaire founder Masayoshi Son has pledged as much as $500 billion for a project known as “Stargate” and announced a planned $30 billion stake in OpenAI earlier this year.

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SoftBank Group Corp. is returning to the overseas bond market for the second time this year amid an aggressive fundraising push for AI, led by its bet on OpenAI.

The Japanese technology investment giant launched a $2 billion sale of dollar notes in two parts and €750 million ($871 million) in euro-denominated notes, according to a person familiar with the matter. The longer-tenored dollar tranche is set to yield 8.25%, while the euro bond is slated to yield 6.5%,

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