Bank of America Bets Big on OpenAI: A $520 Million Loan to a Rising Power Bank of America has extended a $520 million credit line to OpenAI, a significant development that underscores the growing importance of the AI firm in the tech landscape.
This loan cements BofA's position as a market leader in AI related capital markets financing and highlights its expertise in navigating complex financial instruments.
BofA has a proven track record in this area, having helped raise nearly $500 billion in capital for AI related companies since 2025.