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OpenAI Adds $4 Billion Credit Line on Top of $6.6 Billion Investment Round

Authors :
De La Merced, Michael J.
Isaac, Mike
Source :
The New York Times (Digital Edition). October 3, 2024
Publication Year :
2024

Abstract

The San Francisco company is gathering the billions its executives believe they will need to continue building new A.I. technology. OpenAI has set up a $4 billion credit line from [...]

Subjects

Subjects :
Company financing
Bank loans

Details

Language :
English
Database :
Gale General OneFile
Journal :
The New York Times (Digital Edition)
Publication Type :
News
Accession number :
edsgcl.811446210