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Re:OpenAI declares 'code red' as Google catches up in AI race by Tycho on Wednesday December 03, 2025 @08:26AM (#46134229)
Yes. The capital is not needed immediately, but they have agreed to provide it if/when called upon in future.
Re:OpenAI declares 'code red' as Google catches up in AI race by greedo on Wednesday December 03, 2025 @09:57AM (#46135205)
This is highly unlikely. Imagine OpenAI struggling, and in year 4 of this "commitment" call upon the lenders to provide over $100B in capital. The lenders will definitely have recourse if the risk is too high. Otherwise this would simply be a commercial line of credit, or they would be investing the funds directly in OpenAI now.
Re:OpenAI declares 'code red' as Google catches up in AI race by Tycho on Saturday December 06, 2025 @01:30PM (#46175467)
The contract would obviously not be no strings attached.