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AI News from ET - BofA extends first $520 million loan to OpenAI ahead of IPO

Vishwadeep Khatri
in AI News & Two Lenses

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The loan makes BofA one of OpenAI's largest lenders and bolsters its credentials as a market leader ‌in AI-related capital ⁠markets ⁠financing, the source said, requesting anonymity to discuss confidential information.

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