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OpenAI establishes $4b credit facility

OpenAI has established a $4 billion revolving credit facility with a diverse consortium of financial institutions, including JPMorgan Chase and Goldman Sachs.

Notably, this facility remains untapped at the time of closing, offering OpenAI flexible liquidity options moving forward. The company now has US$10 billion in available liquidity.

OpenAI recently secured US$6.6 billion in new capital from various venture capitalists.

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