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OpenAI establishes $4 bln credit facility
Reuters·10/03/2024 14:22:59
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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)
((ArsheeyaSingh.Bajwa@thomsonreuters.com; +91 8510015800;))
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