Is OpenAI building its future on debt? Study reveals partners are burdened with $96 billion in loans

Companies that have tied up with OpenAI to supply data centres,chips, and “compute” processing power have borrowed about $96 billion in debt to fund their operations, according to a recent analysis by The Financial Times.According to the report, companies like SoftBank, Oracle and CoreWeave have borrowed at least $30 billion to invest in the loss-making startup as it benefits from a deb-fuelled spending spree without having to take any financial birden itself.This highlights the AI industry's rising relianc ...