'BofA Saw OpenAI As Too Risky, But Now The Bank Wants To Cash In On IPO; Quietly Handed A $520 Million Credit Line To OpenAI In Recent Weeks'

'BofA Saw OpenAI As Too Risky, But Now The Bank Wants To Cash In On IPO; Quietly Handed A $520 Million Credit Line To OpenAI In Recent Weeks' - Bloomberg News

Bank of America Corp

BAC

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Microsoft Corporation

MSFT

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https://www.bloomberg.com/news/articles/2026-07-08/openai-ipo-bofa-u-turns-on-loan-for-chatgpt-maker-to-secure-role-in-listing

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