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OpenAI establishes $4 bln credit facility
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OpenAI establishes $4 bln credit facility
Oct 3, 2024 7:55 AM

Oct 3 (Reuters) - OpenAI said on Thursday it has

established a new $4 billion credit facility with JPMorgan

Chase, Citi, Goldman Sachs, Morgan Stanley, Santander, Wells

Fargo, SMBC, UBS, and HSBC, in addition to the $6.6 billion

investment the AI startup unveiled on Wednesday.

(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Shinjini

Ganguli)

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