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OpenAI said on Thursday it has secured a new $4 billion credit facility, in addition to the $6.6 billion investment the AI startup unveiled on Wednesday.
The revolving credit facility that is undrawn at closing has been established with JPMorgan Chase, Citi, Goldman Sachs, Morgan Stanley, Santander, Wells Fargo, SMBC, UBS and HSBC .
The company now has access to over $10 billion in liquidity, OpenAI said in a blog post.
(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Shinjini Ganguli)