Softbank is bleeding money and they need cash, AI isn't shaping up to what they thought it would be

Not sure how to square this post with recent headlines like "SoftBank posts $46 billion gain at Vision Fund driven mainly by massive OpenAI bet".

	▲	avianlyric 20 minutes ago \| parent \| next [-]
		SoftBank hold huge positions in companies like OpenAI, funded using debt. The interest on those loans is killing them, and until OpenAI actually IPOs and SoftBank can sell their stake, they have to pay that interest using cash from somewhere else.
	▲	iterateoften 5 hours ago \| parent \| prev [-]
		Paper money vs cash

warumdarum 5 hours ago | parent | prev | next [-]

Sometimes the first one to leave the casino is the last one to join an add hoc concert playing "smoke on the water" for the first time

edm0nd 4 hours ago | parent | prev [-]

didnt they get absolutely rekt on WeWork?

How are they still able to be a thing