OpenAI gets $4 bn credit facility after raising $6.6 bn funding

OpenAI on Thursday secured a $4 billion credit facility after raising $6.6 billion in funding at $157 billion valuation a day earlier. "This means we now have access to over $10 billion in liquidity," the AI startup said. The credit facility has been established with JPMorgan Chase, Citi, Goldman Sachs, Morgan Stanley, Santander, Wells Fargo, SMBC, UBS and HSBC.

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