SOFTBANK EYES JUNK BOND SALE TO FUND AI BET

SoftBank will hold investor meetings in New York as it explores financing options for its expanded AI portfolio. The potential bond sale represents the latest step in the company's capital-raising push to support its technology bets. The timing reflects broader market dynamics around AI spending. Bank of America's European equity strategy head Sebastian Raedler noted that AI-driven capex is fueling "the strongest earnings upgrades in the US that you've seen in 40 years." However, he flagged investor concerns about sustainability, noting that past investment booms have historically ended in crashes. SoftBank's move underscores how major tech investors are positioning themselves amid the ongoing AI arms race. The firm's willingness to tap junk-bond markets signals confidence in its AI strategy, despite broader questions about the sector's long-term profitability and the timing of potential market corrections.