Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Partners are accumulating hundreds of billions of dollars in debt to pay for OpenAI's data center development.

Partners are accumulating hundreds of billions of dollars in debt to pay for OpenAI's data center development.

CointimeCointime2025/11/28 07:21
By:Cointime

OpenAI's data center partners are accumulating nearly $100 billion in loans related to this loss-making startup, while OpenAI itself benefits without bearing financial risks, enjoying a debt-driven spending spree.

According to analysis by the Financial Times, companies such as SoftBank, Oracle (ORCL.N), and CoreWeave have lent at least $30 billion to invest in this startup or help build its data centers. Investment groups like Blue Owl Capital and computing infrastructure companies like Crusoe also rely on deals with OpenAI to repay about $28 billion in loans.

Insiders reveal that a banking group is negotiating to provide an additional $38 billion in loans to Oracle and data center builder Vantage to build more sites for OpenAI. The deal is expected to be finalized in the coming weeks. (Jin10)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin Leverage Liquidation and Potential Dangers of Excessive Exposure in 2025

- 2025 crypto market saw $1B+ leveraged liquidations as Bitcoin fell from $126k to $92k amid Fed policy uncertainty and geopolitical tensions. - Retail traders suffered disproportionately from 10x-20x leverage during price corrections, while institutions used ETFs and hedging to mitigate risks. - Derivatives market vulnerabilities exposed include liquidity crunches, algorithmic feedback loops, and cross-market contagion risks via crypto-treasury overlaps. - Post-2025 lessons emphasize 3x-5x leverage caps,

Bitget-RWA2025/12/04 08:50
Bitcoin Leverage Liquidation and Potential Dangers of Excessive Exposure in 2025

The Recent Fluctuations in the Solana Network and What They Mean for Blockchain Investors

- Solana's 2025 volatility highlights risks for blockchain investors from market psychology and infrastructure flaws. - November 2025 saw 6.1% price drops driven by leverage, Fed rate uncertainty, and plummeting on-chain activity metrics. - $3.1B in DeFi losses from smart contract exploits and AWS outage risks exposed technical vulnerabilities despite decentralization gains. - Investors must balance sentiment indicators (fear/greed index) with technical metrics (TVL, DEX volume) to navigate Solana's instab

Bitget-RWA2025/12/04 08:50
The Recent Fluctuations in the Solana Network and What They Mean for Blockchain Investors
© 2025 Bitget