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OpenAI gets $4 billion revolving credit line, giving it more than $10 billion in liquidity
GSGoldman Sachs(GS) CNBC·2024-10-03 14:15

In this photo illustration, the OpenAI logo is displayed on a mobile phone screen with a photo of Sam Altman, CEO of OpenAI.OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion, CNBC has learned. It follows news on Wednesday that OpenAI closed its recent funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive roster of investment firms and big tech companies.JPMorgan Chase, Citi, Goldman Sachs, Morgan St ...