SoftBank has taken on a $40 billion loan to cover its $30 billion investment in OpenAI as part of its record-breaking $110 billion raise. The loan is unsecured and has a 12-month term, indicating it must be repaid or refinanced by next year. This indicates that the lenders believe that OpenAI's anticipated public listing will occur later in the year. The new investment brings SoftBank's total to over $60 billion.