OpenAI has secured a $4 billion revolving credit line, adding to the momentum following its $6.6 billion funding round, cementing its position as one of the world’s most valuable private companies. The credit facility, announced on Thursday, significantly boosts the ChatGPT maker’s liquidity to $10 billion, which will provide the necessary capital to expand its [...]The post OpenAI Secures A $4bn Credit Line, A Day After Closing $6.6bn Round appeared first on Tekedia.
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