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 ...
(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 ...
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 ...
(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 ...
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.