May 8 : SoftBank Group has downsized plans for a $10 billion margin loan backed by its OpenAI stake after hesitation from some creditors, Bloomberg News reported on Friday, citing people familiar with the matter. Softbank and bankers have mentioned in discussions plans to revise the target to an amount as low as $6 billion, the report said. The group's initial pitch had investors concerned about the difficulty of reaching a valuation for an unlisted company like ChatGPT maker OpenAI, the report