Banks in talks to lend $38-bn to fund sites for OpenAI: Report
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, reported Financial Times on Friday. Companies supplying data centres, chips, and compute processing power to OpenAI have already taken on approximately $96 billion in debt to fund their operations, as per FT's analysis.