(Bloomberg) -- OpenAI has tapped global banks for a $4 billion revolving line of credit on top of its recent $6.6 billion fundraising, building a massive war chest to stay ahead in the costly race ...
de la Merced reported from London, and Mike Isaac from San Francisco. Oct. 3, 2024 OpenAI has set up a $4 billion credit line from an array of banks, adding to its financial firepower after ...
On top of OpenAI's long-awaited funding round that closed Wednesday, the company has also put a $4 billion revolving credit line in place — bringing its total liquidity to more than $10 billion.
(Reuters) -OpenAI has secured a new $4 billion revolving credit line, the ChatGPT maker said on Thursday, a day after it closed a $6.6 billion funding round that cemented its position as one of ...
OpenAI has obtained a $4 billion revolving credit line just days after raising $6.6 billion in a funding round. This new boost in finances raises the AI company's liquidity to $10 billion. The credit ...
Sarah Friar, OpenAI CFO, joins 'Squawk on the Street' to discuss the company's latest funding round, the growth and forecast that justiifes the valuation, and much more.