Banks in talks to lend $38 billion to fund sites for OpenAI: FT

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Synopsis

A group of banks is in talks to lend another $38 billion for Oracle and data centre builder Vantage to fund further sites for OpenAI.

Image for Banks in talks to lend $38 billion to fund sites for OpenAI: FTReuters
A group of banks is in talks to lend another $38 billion for Oracle and data centre builder Vantage to fund further sites for OpenAI, the Financial Times reported on Friday, citing people familiar with the matter.

Reuters could not immediately verify the report.

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Banks in talks to lend $38 billion to fund sites for OpenAI: FT


Synopsis

A group of banks is in talks to lend another $38 billion for Oracle and data centre builder Vantage to fund further sites for OpenAI.

Image for Banks in talks to lend $38 billion to fund sites for OpenAI: FTReuters
A group of banks is in talks to lend another $38 billion for Oracle and data centre builder Vantage to fund further sites for OpenAI, the Financial Times reported on Friday, citing people familiar with the matter.

Reuters could not immediately verify the report.

Add ET Logo as a Reliable and Trusted News Source

Elevate your knowledge and leadership skills at a cost cheaper than your daily tea.

Subscribe Now



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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