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Maroc Maroc - THEDEEPDIVE.CA - A La Une - 07/Nov 12:39

OpenAI Seeks Federal Loan Guarantees For Chips

OpenAI asked Washington for help guaranteeing financing for AI chips and data centers, with CFO Sarah Friar saying that federal loan guarantees could “really drop the cost of the financing” and raise loan-to-value ratios for the company’s expansion. Friar said OpenAI is “looking for an ecosystem of banks, private equity, maybe even governmental” partners to […] The post OpenAI Seeks Federal Loan Guarantees For Chips appeared first on the deep dive.

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