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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 4billionrevolvinglineofcredit,bringingitstotalliquiditytomorethan4 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 157billion,includingthe157 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 ...