Internet reports that SoftBank Group will use a loan led by Mizuho Bank, Sumitomo Mitsui Banking and JPMorgan Chase as lead underwriters to finance its artificial intelligence investment, demonstrating SoftBank's ability to obtain funds for its grand ambitions. According to sources, the one-year US$15 billion bridge loan is one of SoftBank's largest financings to date and will be funded by 21 banks, including Mizuho Bank providing US$1.35 billion, SMBC providing US$1.25 billion, and JPMorgan Chase providing US$1 billion. In addition, HSBC and Barclays Bank jointly invested US$950 million, and seven banks including Goldman Sachs Group and Mitsubishi UFJ jointly invested US$850 million. The funding will support SoftBank's multi-year plan to influence the development of artificial intelligence. Chief Financial Officer Yoshihiro Goto revealed at last week's earnings conference that the first agenda includes the acquisition of chip design company Ampere Computing for $6.5 billion and an investment of up to $30 billion in OpenAI.