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SoftBank and Alibaba together seek $16.3 billion in fresh capital to fund AI buildout

SoftBank's planned bond sale would be its largest ever; Alibaba is raising through a share placement rather than debt.

SoftBank is planning a record $6.3 billion bond sale and Alibaba is raising $10 billion via share placement, both citing accelerating AI spending as the reason.

BREAKING STORY24 Aug 2026

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