{"id":28491,"date":"2025-02-11T20:55:30","date_gmt":"2025-02-11T12:55:30","guid":{"rendered":"https:\/\/www.1ai.net\/?p=28491"},"modified":"2025-02-11T20:55:30","modified_gmt":"2025-02-11T12:55:30","slug":"ai-%e7%83%a7%e9%92%b1%e5%a4%a7%e6%88%98%ef%bc%9a%e8%bd%af%e9%93%b6%e5%ad%99%e6%ad%a3%e4%b9%89%e9%ab%98%e6%9d%a0%e6%9d%86%e8%9e%8d%e8%b5%84%ef%bc%8c%e6%92%ac%e5%8a%a8-5000-%e4%ba%bf%e7%be%8e%e5%85%83","status":"publish","type":"post","link":"https:\/\/www.1ai.net\/en\/28491.html","title":{"rendered":"AI Burning War: Softbank's Masayoshi Son's Highly Leveraged Financing to Pry Out $500 Billion Stargate Project"},"content":{"rendered":"<p>Feb. 11 (Bloomberg) -- Bloomberg published a blog post today (Feb. 11) reporting that<a href=\"https:\/\/www.1ai.net\/en\/tag\/%e8%bd%af%e9%93%b6\" title=\"[View articles tagged with [softbank]]\" target=\"_blank\" >SoftBank<\/a>\uff08Founder of SoftBank Group<a href=\"https:\/\/www.1ai.net\/en\/tag\/%e5%ad%99%e6%ad%a3%e4%b9%89\" title=\"Look at the article that contains the label &quot;Sun Justice&quot;\" target=\"_blank\" >Masayoshi Son<\/a>In order to participate in the \"<a href=\"https:\/\/www.1ai.net\/en\/tag\/%e6%98%9f%e9%99%85%e4%b9%8b%e9%97%a8\" title=\"[Sees the article with the Stargate label]\" target=\"_blank\" >Stargate (US TV and film series)<\/a>\"The Stargate project.<strong>Complex, highly leveraged projects will be used<a href=\"https:\/\/www.1ai.net\/en\/tag\/%e8%9e%8d%e8%b5%84\" title=\"[View articles tagged with [financing]]\" target=\"_blank\" >Financing<\/a>Mode.<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-28492\" title=\"fbb9e7d7j00srirvh002od000nt00hvp\" src=\"https:\/\/www.1ai.net\/wp-content\/uploads\/2025\/02\/fbb9e7d7j00srirvh002od000nt00hvp.jpg\" alt=\"fbb9e7d7j00srirvh002od000nt00hvp\" width=\"857\" height=\"643\" \/><\/p>\n<p>\"The Stargate program is primarily designed to advance U.S. efforts in the area of <a href=\"https:\/\/www.1ai.net\/en\/tag\/ai\" title=\"[View articles tagged with [AI]]\" target=\"_blank\" >AI<\/a> The development of the field, co-founded by OpenAI, SoftBank, Oracle and investment firm MGX, is expected to result in a total investment of up to $500 billion (note: currently around RMB 3.65 trillion).<\/p>\n<p>The report said Sun is considering a project financing model similar to that used for oil and gas projects, which has the advantage of less upfront investment and long-term financing based on the project's expected cash flow.<\/p>\n<p>\"The Stargate project is planned to be a combination of a data center and a power generation project. Currently under discussion, SoftBank, OpenAI, Oracle and Abu Dhabi's MGX will jointly contribute about $10%, with most of the rest of the funds to be raised through the debt markets.<\/p>\n<p>\"The Stargate project plans to spend an initial $100 billion (currently about 730,807 million yuan), but SoftBank has yet to determine where most of the money will come from and is in talks with other potential investors.<\/p>\n<p>Bloomberg suggests that SoftBank may use highly leveraged financing, with possible financing options including 10% of common stock, 20% of preferred stock and mezzanine debt, and 70% of senior debt, and another option of 40% of preferred stock and mezzanine debt, and 50% of senior debt. These are highly leveraged structures similar to infrastructure projects such as pipelines, power plants, bridges or telecommunications networks.<\/p>\n<p>Investors and creditors are concerned about Masayoshi Son's tendency to invest big. SoftBank is expected to post a huge loss in the third quarter, and its Vision Fund's public portfolio is facing losses. In addition, some of the unlisted startups in which SoftBank has invested are also facing difficulties.<\/p>","protected":false},"excerpt":{"rendered":"<p>February 11 news, Bloomberg today (February 11) published a blog post, reported that SoftBank (SoftBank) Group founder Masayoshi Son in order to participate in the \"Stargate\" (Stargate) project, will use a complex, highly leveraged project financing model. \"The Stargate program, which is designed to boost U.S. development in the AI field, was founded by OpenAI, SoftBank, Oracle and investment firm MGX, and is expected to involve a total investment of as much as $500 billion (note: currently about 3.65 trillion yuan). Reports suggest that Sun is considering a project financing model similar to that used for oil and gas projects, which has the advantage of less upfront investment and allows for long-term financing based on the project's expected cash flow. \"Stargate.\"<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[146],"tags":[411,1254,5688,421,1253],"collection":[],"class_list":["post-28491","post","type-post","status-publish","format-standard","hentry","category-news","tag-ai","tag-1254","tag-5688","tag-421","tag-1253"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts\/28491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/comments?post=28491"}],"version-history":[{"count":0,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts\/28491\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/media?parent=28491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/categories?post=28491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/tags?post=28491"},{"taxonomy":"collection","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/collection?post=28491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}