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Bank of America Extends $520 Million Credit Line to OpenAI, Report Says

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2026-07-08 13:34:49
Bank of America has provided OpenAI with a $520 million credit line as the company prepares for a potential public listing.

According to Odaily, the credit facility is intended to support OpenAI’s IPO preparations, and Bank of America is seeking a role in the company’s initial public offering.
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