OpenAI gets $4 billion revolving credit line, giving it more than $10 billion in liquidity CNBCOpenAI’s Altman Concentrates Power on Path to $157 Billion Valuation BloombergThe 3 possible outcomes for OpenAI's future: Expert explains Yahoo FinanceOpenAI asks investors to avoid five AI startups including Sutskever's SSI, sources say ReutersOpenAI closes funding at $157 billion valuation, as Microsoft, Nvidia, SoftBank join round CNBC

BING NEWS:
  • OpenAI Secures $4 Billion Credit Line to Fuel AI Growth and Expansion
    Following its $6.6 billion funding round, OpenAI secures a $4 billion credit line from a consortium of leading banks.
    10/3/2024 - 10:54 pm | View Link
  • OpenAI also secured a massive credit line
    In addition to OpenAI’s new $6.6 billion megaround of funding at a post-money valuation of $157 billion, the outfit has secured a $4 billion revolving ...
    10/3/2024 - 5:48 pm | View Link
  • OpenAI considering going public after a $157 billion valuation, to launch IPO soon
    Considering that OpenAI is the most recognisable AI tech company in the world, investors believe that it is only a matter of time that it reaches a valuation of $1 trillion. Hence to capitalise on ...
    10/3/2024 - 5:22 pm | View Link
  • OpenAI Secures $4B Credit Line To Supercharge AI Ambitions And Expand Nvidia-Powered Infrastructure: 'Provides Flexibility To Seize Future Growth Opportunities'
    After securing a whopping $6.6 billion funding round, ChatGPT-parent OpenAI has bagged a $4 billion revolving credit line. What Happened: The new credit facility will bolster its liquidity to $10 ...
    10/3/2024 - 3:11 pm | View Link
  • OpenAI Adds $4 Billion Credit Line on Top of $6.6 Billion Investment Round
    The San Francisco company is gathering the billions its executives believe they will need to continue building new A.I. technology.
    10/3/2024 - 8:15 am | View Link
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