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Snapshot 3:Thu, Oct 3, 2024 9:13:01 PM GMT last edited by NickBurk

OpenAI Receives $4B Credit Line

OpenAI Receives $4B Credit Line

OpenAI Receives $4B Credit Line
Above: OpenAI co-founder and Chief Executive Officer Sam Altman during the Italian Tech Week 2024 on Sept. 25, 2024 in Turin, Italy. Image credit: Stefano Guidi/Contributor/Getty Images News via Getty Images

The Spin

OpenAI has gone through some tumultuous times, but it's still growing financially and productivity-wise. Despite losing many of its founding executives and scientists, Altman has been able to push ahead with the development of GPT-5 and achieve another multi-billion-dollar funding round. OpenAI is enduring while balancing creativity with sound business practice.

Any shred of OpenAI's founding philosophy has disappeared. With a profit-driven CEO and board — not to mention the liquidation of its entire nonprofit side — the ChatGPT creator is moving full steam ahead toward one thing: money— profit. Everyone knows this won't be good for humanity, but neither the government nor the investment class seemseems to care.

Metaculus Prediction

There's a 50% chance that OpenAI will announce GPT-5 by Feb. 10, 2025, according to the Metaculus prediction community.


The Controversies



Go Deeper



© 2026 Improve the News Foundation. All rights reserved.Version 6.18.0

© 2026 Improve the News Foundation.

All rights reserved.

Version 6.18.0