OpenAI partners shoulder nearly $100 billion debt to fund its AI ambitions

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OpenAI’s rapid expansion is being financed largely through heavy borrowing by its partners rather than by the company itself. According to the Financial Times, suppliers and data centre operators linked to OpenAI now carry close to $100 billion in debt, even as OpenAI remains mostly debt-free.

SoftBank, Oracle, and CoreWeave have already taken on at least $30 billion in debt to invest in OpenAI, or build data centres for it. A further $28 billion in loans has been issued to groups such as Blue Owl Capital and infrastructure firms like Crusoe, which…



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OpenAI partners shoulder nearly $100 billion debt to fund its AI ambitions



OpenAI’s rapid expansion is being financed largely through heavy borrowing by its partners rather than by the company itself. According to the Financial Times, suppliers and data centre operators linked to OpenAI now carry close to $100 billion in debt, even as OpenAI remains mostly debt-free.

SoftBank, Oracle, and CoreWeave have already taken on at least $30 billion in debt to invest in OpenAI, or build data centres for it. A further $28 billion in loans has been issued to groups such as Blue Owl Capital and infrastructure firms like Crusoe, which…



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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