OpenAI partners shoulder nearly $100 billion debt to fund its AI ambitions
Synopsis OpenAI’s growth is being funded mostly through huge borrowing by partners like Oracle, SoftBank and CoreWeave, which now hold nearly $100 billion in debt. OpenAI stays largely debt-free despite massive spending commitments. Complex financing structures shift risk to lenders, leaving firms such as Oracle heavily exposed as they finance OpenAI-linked data centre expansion. AP