SoftBank Seeks to Expand Apollo Loan for Vision Fund II AI Bets

Key Facts

1Apollo Global Management is in talks to increase a loan to SoftBank’s Vision Fund II to as much as $9 billion from $5.4 billion.

Amid an accelerating race for dominance in future technologies, major firms are securing massive liquidity to fund their expansions in the artificial intelligence sector. According to reports, Apollo Global Management is in talks to increase a loan facility for SoftBank’s Vision Fund II. This move aims to raise the funding level from the current $5.4 billion to as much as $9 billion, providing nearly $3.6 billion in additional investment firepower.

These efforts are intended to bolster the borrowing capacity of the fund, which holds a significant $64.6 billion exposure to OpenAI, as SoftBank seeks more liquidity to fund its aggressive investment strategy. Per market data, Apollo Global Management (APO) closed at $124.53, while SoftBank Group Corp (SFTBY) closed at $19.66 on September 16, 2026. These maneuvers reflect the Japanese group's desire to capitalize on the AI boom, despite the potential increase in the company's debt profile.

Investors should watch current price levels, with SFTBY at $19.66 and APO at $124.53 (close September 16, 2026). Looking at the economic calendar, there are no direct upcoming catalysts for these instruments within the next seven days; however, markets will remain attentive to any official confirmation regarding the finalized loan terms and its impact on SoftBank's balance sheet.