On top of its latest funding round, OpenAI has put a $4 billion revolving credit line in place — bringing its total liquidity to more than $10 billion.

On top of its latest funding round, OpenAI has put a $4 billion revolving credit line in place — bringing its total liquidity to more than $10 billion.

(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 ...

OpenAI has set up a $4 billion credit line from an array of banks, adding to its financial firepower after securing a $6.6 billion round of new investments, the company said on Thursday.

Keeping ChatGPT running is expensive as heck, so OpenAI needs access to plenty of cash to make sure the lights stay on. A day after the company said it had secured $6.6 billion in funding — the ...