(Reuters) – 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)
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