{"id":714767,"date":"2026-09-24T04:17:03","date_gmt":"2026-09-24T04:17:03","guid":{"rendered":"https:\/\/microscopemedia.com\/?p=714767"},"modified":"2026-09-24T04:17:03","modified_gmt":"2026-09-24T04:17:03","slug":"softbank-imprumuta-111-miliarde-de-dolari-pentru-pariul-sau-urias-pe-openai-ce-se-afla-in-spatele-operatiunii","status":"publish","type":"post","link":"https:\/\/microscopemedia.com\/?p=714767","title":{"rendered":"SoftBank \u00eemprumut\u0103 11,1 miliarde de dolari pentru pariul s\u0103u uria\u0219 pe OpenAI. Ce se afl\u0103 \u00een spatele opera\u021biunii"},"content":{"rendered":"<div readability=\"47.535847492748\">\n<div class=\"sgb-google-buttons\">\n<div class=\"display-flex justify-center google-logo\"><img decoding=\"async\" loading=\"lazy\" class=\"mg-x-auto\" width=\"30\" height=\"30\" src=\"https:\/\/microscopemedia.com\/wp-content\/uploads\/2026\/09\/softbank-imprumuta-111-miliarde-de-dolari-pentru-pariul-sau-urias-pe-openai-ce-se-afla-in-spatele-operatiunii.png\" alt><\/div>\n<\/p><\/div>\n<p id=\"p-0\">Opera\u021biunea este una dintre cele mai mari finan\u021b\u0103ri de acest tip realizate de o companie din regiunea Asia-Pacific, scrie <a href=\"https:\/\/www.reuters.com\/business\/media-telecom\/softbank-issues-111-billion-bonds-openai-financing-push-2026-09-24\/\" target=\"_blank\" rel=\"noopener\">Reuters<\/a>.<\/p>\n<h2 id=\"chapter-0\">Banii vor alimenta urm\u0103toarea tran\u0219\u0103 pentru OpenAI<\/h2>\n<p id=\"p-1\">Cea mai mare parte a fondurilor este destinat\u0103 finan\u021b\u0103rii ultimei tran\u0219e de 10 miliarde de dolari din angajamentul de 30 de miliarde de dolari pe care SoftBank l-a f\u0103cut pentru OpenAI. Dup\u0103 finalizarea investi\u021biei, contribu\u021bia total\u0103 a grupului japonez la OpenAI va ajunge la 64,6 miliarde de dolari.<\/p>\n<p id=\"p-2\">SoftBank a emis trei serii de obliga\u021biuni \u00een dolari. Prima are o valoare de 1 miliard de dolari \u0219i o maturitate de trei ani \u0219i jum\u0103tate. Alte dou\u0103 tran\u0219e au valori de c\u00e2te 4,5 miliarde de dolari, cu maturit\u0103\u021bi de cinci ani \u0219i jum\u0103tate, respectiv \u0219apte ani \u0219i jum\u0103tate. Dob\u00e2nzile sunt de 8,625%, 9,25% \u0219i 9,75%, \u00een func\u021bie de maturitate. Compania a emis \u0219i dou\u0103 tran\u0219e \u00een euro, de c\u00e2te 500 de milioane de euro, cu randamente de 7,125% \u0219i 8%.<\/p>\n<div id=\"attachment_23806577\" class=\"wp-caption aligncenter\" readability=\"35\"><img aria-describedby=\"caption-attachment-23806577\" class=\"size-full wp-image-23806577\" src=\"https:\/\/microscopemedia.com\/wp-content\/uploads\/2026\/09\/softbank-imprumuta-111-miliarde-de-dolari-pentru-pariul-sau-urias-pe-openai-ce-se-afla-in-spatele-operatiunii.webp\" alt=\"Sam Altman\" width=\"900\" height=\"600\" loading=\"lazy\" decoding=\"async\" srcset=\"https:\/\/microscopemedia.com\/wp-content\/uploads\/2026\/09\/softbank-imprumuta-111-miliarde-de-dolari-pentru-pariul-sau-urias-pe-openai-ce-se-afla-in-spatele-operatiunii-1.webp 500w, https:\/\/microscopemedia.com\/wp-content\/uploads\/2026\/09\/softbank-imprumuta-111-miliarde-de-dolari-pentru-pariul-sau-urias-pe-openai-ce-se-afla-in-spatele-operatiunii.webp 728w\"><\/p>\n<p id=\"caption-attachment-23806577\" class=\"wp-caption-text\"><em>Sam Altman, CEO-ul OpenAI, vorbe\u0219te \u00een cadrul unei conferin\u021be de pres\u0103. Foto: Rodrigo Reyes Marin\/ZUMA Press Wire\/dpa<\/em><\/p>\n<\/div>\n<h2 id=\"chapter-1\">SoftBank \u00ee\u0219i asum\u0103 o expunere tot mai mare pe AI<\/h2>\n<p id=\"p-3\">Finan\u021barea vine dup\u0103 ce SoftBank a emis \u00een aceast\u0103 lun\u0103 obliga\u021biuni \u00een valoare de 1.000 de miliarde de yeni, echivalentul a aproximativ 6,3 miliarde de dolari, destinate investitorilor de retail.<\/p>\n<p id=\"p-4\">Grupul japonez a direc\u021bionat deja zeci de miliarde de dolari c\u0103tre OpenAI \u0219i alte proiecte de infrastructur\u0103 pentru <a href=\"https:\/\/www.mediafax.ro\/tehnologie\/sam-altman-avertizeaza-la-onu-asupra-riscurilor-ai-si-cere-ca-dezvoltarea-tehnologiei-sa-ramana-sub-control-uman-23812977\">inteligen\u021b\u0103 artificial\u0103<\/a>. Fondatorul Masayoshi Son urm\u0103re\u0219te transformarea SoftBank \u00eentr-unul dintre principalii investitori ai sectorului. Dimensiunea finan\u021b\u0103rilor \u00eencepe \u00eens\u0103 s\u0103 atrag\u0103 aten\u021bia pie\u021belor. Costul asigur\u0103rii datoriei SoftBank \u00eempotriva unui eventual default a crescut puternic \u00een ultimele luni. Spread-ul CDS pe cinci ani a dep\u0103\u0219it 400 de puncte de baz\u0103 \u00een aceast\u0103 s\u0103pt\u0103m\u00e2n\u0103, fa\u021b\u0103 de aproximativ 280 \u00een iunie.<\/p>\n<p id=\"p-5\">\u00cen acela\u0219i timp, SoftBank spune c\u0103 urm\u0103re\u0219te s\u0103 men\u021bin\u0103 raportul dintre \u00eemprumuturi \u0219i valoarea total\u0103 a activelor sub 25% \u00een condi\u021bii normale \u0219i sub 35% chiar \u0219i \u00een situa\u021bii extraordinare. La sf\u00e2r\u0219itul lunii iunie, indicatorul era de 13%.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Opera\u021biunea este una dintre cele mai mari finan\u021b\u0103ri de acest tip realizate de o companie din regiunea Asia-Pacific, scrie Reuters. Banii vor alimenta urm\u0103toarea tran\u0219\u0103 pentru OpenAI Cea mai mare &hellip; <a href=\"https:\/\/microscopemedia.com\/?p=714767\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":714768,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/posts\/714767"}],"collection":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=714767"}],"version-history":[{"count":0,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/posts\/714767\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/media\/714768"}],"wp:attachment":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=714767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=714767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=714767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}