SoftBank Group Corp. priced a ¥90 billion ($550 million) bond offering on Wednesday, targeting institutional investors across domestic and foreign markets. The Lang of the move expands the company’s funding mix as it seeks fresh capital to support its high‑stakes bets in artificial intelligence.

By issuing the yen‑denominated debt, SoftBank taps a traditionally stable financing channel, while still benefiting from the favorable rates that have emerged in Japan’s monetary environment. The ¥90 billion face value translates to roughly $550 million in proceeds.

The proceeds will help bankroll the group’s AI initiatives, including investments in startups, infrastructure, and research labs. SoftBank has been deploying capital into AI ventures that promise to reshape the industry.

This bond sale underscores SoftBank’s strategy of diversifying its capital structure, blending equity, debt, and other instruments to meet the scale of its AI ambitions.