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OpenAI establishes $4 billion credit facility

10/03/2024

Less than a minute

2024.10.03 10:31

OpenAI establishes $4 billion credit facility

(Reuters) – OpenAI said on Thursday it has established a new $4 billion credit facility with JPMorgan Chase (NYSE:), Citi, Goldman Sachs, Morgan Stanley, Santander (BME:), Wells Fargo, SMBC, UBS, and HSBC, in addition to the $6.6 billion investment the AI startup unveiled on Wednesday.

10/03/2024

Less than a minute

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