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BofA Makes U-Turn on OpenAI, Provides $520M Credit Line

Bank of America is changing its tune on OpenAI: after initially passing on lending to the AI company, it is now extending a $520 million credit line, according to sources. Bloomberg’s Sridhar Natarajan joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes…

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Bank of America is changing its tune on OpenAI: after initially passing on lending to the AI company, it is now extending a $520 million credit line, according to sources. Bloomberg’s Sridhar Natarajan joins Ed Ludlow on “Bloomberg Tech.”
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1 Comment

  1. @andrewsturgeon9446

    July 8, 2026 at 2:53 pm

    time to short BOFA

    Reply

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