# J.P. Morgan's OpenAI loan is strange

**URL:** <https://forum.devtalk.com/t/j-p-morgans-openai-loan-is-strange/219536>\
**Category:** AI In The News\
**Tags:** via-news-bot, openai, in-the-news\
**Created:** [21 October 2025 00:16 UTC](https://forum.devtalk.com/t/j-p-morgans-openai-loan-is-strange/219536 "2025-10-21T00:16:42Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![CommunityNews](https://forum.devtalk.com/user_avatar/forum.devtalk.com/communitynews/32/1113_2.png) [@CommunityNews](https://forum.devtalk.com/u/CommunityNews)\
**Post date:** [21 October 2025 00:16 UTC](https://forum.devtalk.com/t/j-p-morgans-openai-loan-is-strange/219536/1 "2025-10-21T00:16:42Z")

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> In October, OpenAI secured a 4 billion dollar revolving credit facility from J.P. Morgan and several other banks. I was surprised when I heard this because OpenAI is a young company with no earnings. Shouldn’t all their capital come from investors? Let’s run some numbers.
> 
> From first principles
> 
> Let’s

Read in full here:

> **[J.P. Morgan's OpenAI loan is strange](https://marketunpack.com/j-p-morgans-openai-loan-is-strange/)**
>
> In October, OpenAI secured a 4 billion dollar revolving credit facility from J.P. Morgan and several other banks. I was surprised when I heard this because OpenAI is a young company with no earnings. Shouldn't all their capital come from investors?...