Banks in Talks for $38 Billion Loan to Fund OpenAI Expansion via Oracle and Vantage

A group of banks is in talks to lend an additional $38 billion to Oracle and data centre builder Vantage, according to a Financial Times report on Friday. The funding is intended to support the development of further sites for OpenAI.


The report cites people familiar with the matter as its source. Reuters noted that it could not immediately verify the report.



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