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Which bank will provide the largest portion of OpenAI's $4 billion credit line?
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OpenAI•JPMorgan Chase•Citi•Goldman Sachs•Morgan Stanley•Santander•Wells Fargo•SMBC•UBS•HSBC•Microsoft•NVIDIA
Resolution / Starting Odds
JPMorgan Chase • 13%
Citi • 13%
Goldman Sachs • 13%
Morgan Stanley • 13%
Santander • 13%
Wells Fargo • 13%
SMBC • 13%
Other • 13%
Financial disclosures or reports from OpenAI or the banks involved
Story
OpenAI Secures $4 Billion Credit Line, Boosting Liquidity to Over $10.5 Billion
Oct 3, 2024, 02:21 PM
OpenAI has secured a $4 billion revolving line of credit from a consortium of major banks including JPMorgan Chase, Citi, Goldman Sachs, Morgan Stanley, Santander, Wells Fargo, SMBC, UBS, and HSBC. This new credit facility brings OpenAI's total liquidity to more than $10.5 billion. The credit line follows a recent $6.6 billion investment from companies such as Microsoft and NVIDIA. OpenAI, which now has 250 million active users, will be paying approximately 6% interest on borrowed funds from this credit line. OpenAI recently closed funding at a valuation of $157 billion.
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JPMorgan Chase • 13%
Citi • 13%
Goldman Sachs • 13%
Other • 13%
Morgan Stanley • 13%
Santander • 13%
Wells Fargo • 13%
SMBC • 13%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Apple • 25%
Nvidia • 25%
Microsoft • 25%
Other • 25%
SoftBank • 25%
Sequoia Capital • 25%
Andreessen Horowitz • 25%
Other • 25%
Microsoft • 25%
Google • 25%
Amazon • 25%
Other • 25%
Microsoft • 25%
Apple • 25%
Nvidia • 25%
Thrive Capital • 25%
Sequoia Capital • 25%
Andreessen Horowitz • 25%
SoftBank • 25%
Other • 25%
U.S. Government • 25%
Private Investors • 25%
International Partners • 25%
Mixed Sources • 25%