OpenAI has secured a new $4 billion revolving credit line, the ChatGPT maker said on Thursday, a day after it closed a $6.6 billion funding round that cemented its position as one of the most valuable private companies in the world.

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OpenAI secures $4 billion credit line after big funding round

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:OpenAI has secured a new $4 billion revolving credit line, the ChatGPT maker said on Thursday, a day after it closed a $6.6 billion funding round that cemented its position as one of the most valuable private companies in the world.The borrowing facility will boost its liquidity to $10 billion, OpenAI said,

Channel News Asia

Government of Singapore

Singapore

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.

CNBC

Roberts family

United States

OpenAI gets $4 billion revolving credit line, giving it more than $10 billion in liquidity

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 to develop more sophisticated artificial intelligence.

Bloomberg

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BlackRock

OpenAI Gets $4 Billion in Credit on Top of $6.6 Billion Funding

Thanks to $6.6 billion in funding from the likes of Microsoft and Nvidia with a $157 billion valuation, OpenAI is now one of the wealthiest private enterprises on the planet.

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OpenAI secures $6.6 billion in latest funding round

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

OpenAI also secured a massive credit line

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Verizon Communications

OpenAI has turned to global banks for a revolving credit line of $4 billion, in addition to its recent fundraiser of $6.6 billion, raising an enormous amount of cash to stay ahead in the costly race to develop more sophisticated artificial intelligence. Read more

OpenAI ha recurrido a bancos mundiales para obtener una línea de crédito renovable de US$4.000 millones, además de su reciente recaudación de fondos de US$6.600 millones, con lo que reunió una enorme cantidad de efectivo para mantenerse a la cabeza en la costosa carrera por desarrollar una inteligencia artificial más sofisticada. Leer más

OpenAI obtiene línea de crédito de US$4.000 millones tras recaudar US$6.600 millones

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Buenos Aires

Argentina

OpenAI secures $4 billion credit line after raising $6.6 billion

Hayden Field / CNBC:
OpenAI gets a $4B revolving line of credit from JPMorgan Chase, Citi, Goldman Sachs, and others, on top of the $6.6B in funding, bringing its liquidity to $10B+  —  OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion, CNBC has learned.

Techmeme

California

OpenAI gets a $4B revolving line of credit from JPMorgan Chase, Citi, Goldman Sachs, and others, on top of the $6.6B in funding, bringing its liquidity to $10B+

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New York

OpenAI Establishes $4 Billion Credit Facility

OpenAI has access to even more money after revealing it has established a new $4 billion credit facility with global banks. The company closed a $6.6 billion funding round this week.

Engadget

OpenAI now has a $4 billion credit line on top of $6.6 billion in funding

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OpenAI secures $4 billion credit line after big funding round

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