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BofA Makes U-Turn on OpenAI, Provides $520M Credit Line

July 9, 2026
in AI & Technology
Reading Time: 1 min read
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Bank of America is changing its tune on OpenAI: after initially passing on lending to the AI company, it is now extending a $520 million credit line, according to sources. Bloomberg’s Sridhar Natarajan joins Ed Ludlow on “Bloomberg Tech.”
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