OpenAI also secured a massive credit line | TechCrunch
October 18, 2024 9:43 PM0
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 line of credit, it disclosed in a post Wednesday night. The arrangement gives it “access to over $10 billion in liquidity, which gives us the flexibility to invest in new […]
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