SoftBank CEO Masayoshi Son is planning to borrow $16 billion to expand the company's investments in AI, with a possible additional $8 billion loan in early 2026.

The financing plan was discussed with banks last week, according to sources cited by The Information.

The Japanese tech conglomerate has already committed $15 billion to the Stargate venture, a partnership with Oracle and OpenAI aimed at maintaining United States dominance in AI development.

Reports suggest SoftBank may invest up to $25 billion in OpenAI, further solidifying its position in the sector.

Stargate, backed by SoftBank, OpenAI, and Oracle, plans to invest up to $500 billion in AI infrastructure.

The initiative was announced in January by Masayoshi Son, Sam Altman, Larry Ellison, and former US President Donald Trump.