US tech firm OpenAI says it has established a new credit line of as much as 4 billion dollars with nine financial institutions in the US, Japan and other countries.

Following its $6.6 billion funding round, OpenAI secures a $4 billion credit line from a consortium of leading banks.

OpenAI established a $4 billion revolving line of credit with a consortium of banks the day after a $6.6 billion fundraising ...

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OpenAI (MSFT) announced it had completed a $6.6 billion funding round, valuing it at $157 billion. The artificial ...

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The move comes amid speculation that OpenAI may be considering an initial public offering and as its CFO has been actively touting the company’s strategy.