SoftBank is investing in a strategic structure centered on OpenAI and Arm to move towards artificial super intelligence.

A key unit of Japanese conglomerate SoftBank Group Corp. sold $1 billion of dollar bonds in the subsidiary’s first US high-grade deal.

SoftBank said it was planning an IPO for PayPay. Launched in 2018, PayPay is now used by more than 68 million people, according to SoftBank. Japan's population is about 125 million.