On November 28, the Financial Times reported that OpenAI's data - center partners are on the verge of shouldering debt amounting to nearly $100 billion, a debt burden that is closely tied to the loss - incurring OpenAI. At present, OpenAI is indulging in a debt - driven spending spree, all the while evading financial risks.
It has been reported that SoftBank, Oracle, and CoreWeave have borrowed a minimum of $30 billion to either invest in OpenAI or aid in the construction of its data centers. Investment group Blue Owl Capital and computing infrastructure company Crusoe are also relying on their business dealings with OpenAI to repay loans totaling approximately $28 billion. Moreover, a consortium of banks is in the process of negotiating to offer $38 billion in loans to Oracle and data - center builder Vantage. These funds are intended for the construction of more data centers for OpenAI, and the deal is anticipated to be finalized in the coming weeks.
