OpenAI partners amass $100bn debt pile to fund its ambitions
Cloud companies and developers rely on lossmaking start-up to repay huge loans
Cloud companies and developers rely on lossmaking start-up to repay huge loans

New revenue lines, debt partnerships and further fundraising targeted to cover enormous costs

Lossmaking start-up commits to spending close to $1.5tn as it gobbles up processing power

Sam Altman’s $730bn start-up restocks its war chest for battle with Anthropic and Google

AI companies seek more control over investors trying to access their blockbuster funding rounds

Dragoneer fund will invest $2.8bn in one of the largest start-up cheques ever written by a company

Mega funding rounds create ‘fortress balance sheets’ as investors advise top groups to brace for tougher markets