BofA extends first $520 million loan to OpenAI ahead of IPO
The loan makes BofA one of OpenAI's largest lenders and bolsters its credentials as a market leader in AI-related capital markets financing, the source said, requesting anonymity to discuss…
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BofA extends first $520 million loan to OpenAI ahead of IPO, source says
Bank of America has extended a $520 million credit line to OpenAI, its first loan to the AI company that is preparing for an ...
Bank of America extends $520M loan to OpenAI amid IPO speculation
Bank of America extends a $520 million loan to OpenAI amid IPO speculation. IPO by December 31, 2026 priced at 22.5% YES.
Jittery Tech Markets & OpenAI's $520M BofA Credit Line
OpenAI secures a $520 million credit line from Bank of America as it prepares to launch its next-generation AI model amidst jittery tech mar
Bank of America Provides OpenAI with $520 Million Credit Line
Bank of America has provided OpenAI with a $520 million credit line, reversing prior hesitation and boosting the AI firm's financing.
Bank of America Provides OpenAI with $520 Million Credit Line
Bank of America has provided OpenAI with a $520 million credit line, reversing prior hesitation and boosting the AI firm's financing.
OpenAI Files Confidentially for Public Listing as AI IPO Pipeline Reaches $3.6 Trillion
OpenAI has joined AI rivals with plans for a public listing later this year after the ChatGPT maker confidentially filed its S-1. This comes
OpenAI Raises $122 Billion at $852 Billion Valuation — The Largest Private Funding Round in History
OpenAI closed a $122 billion funding round on March 31, 2026 at an $852 billion post-money valuation — the largest private fundraise ever. A

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