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OpenAI Gets $4 Billion in Credit on Top of $6.6 Billion Fundraise(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 on Tuesday introduced a new $1.5 billion tender offer, a continuation of its recent $6.6 billion funding round, led by ...
OpenAI is permitting its staff to sell roughly $1.5 billion worth of shares to SoftBank in a fresh tender offer, according to ...
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It will be awhile before OpenAI turns a profit. In the meantime, Microsoft gets a cut of revenue.In addition to the new funding, OpenAI has tapped a $4 billion credit facility from an array of banks. While it's common practice for fast-growing companies to establish a line of credit ...
Amazon announced today that it’s pumping another $4 billion into Claude AI maker Anthropic, bringing its total funding amount ...
OpenAI is allowing employees to sell about $1.5 billion worth of shares in a new tender offer to SoftBank, CNBC has learned. SoftBank's latest investment adds to OpenAI's recent $6.6 billion ...
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