OpenAI Secures $4 Billion Credit Line After $6 Billion Fundraising to Fuel AI Expansion

OpenAI has secured a significant financial boost by establishing a $4 billion revolving line of credit from leading global banks, including JPMorgan Chase, Citigroup, Goldman Sachs, and Morgan Stanley. This credit facility adds to OpenAI’s recent $6.6 billion fundraising, providing the company with access to over $10 billion in liquidity. This substantial financial support is … Continue reading OpenAI Secures $4 Billion Credit Line After $6 Billion Fundraising to Fuel AI Expansion