OpenAI snags $4b credit line from JPMorgan, Goldman, others after $6.6b funding

OpenAI snags $4b credit line from JPMorgan, Goldman, others after $6.6b funding

FILE PHOTO: OpenAI logo is seen in this illustration taken, February 3, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

OpenAI has secured a new $4 billion revolving credit line, the ChatGPT maker said on Thursday, a day after it closed a $6.6 billion funding round that cemented its position as one of the most valuable private companies in the world.