BofA Funds OpenAI with $520M | Spokane News

Bank of America just handed OpenAI a half-billion-dollar credit line — its first-ever loan to the AI giant — cementing BofA’s front-row seat in the AI financing boom. With OpenAI preparing for a potential $1 trillion IPO, BofA is not just lending but also eyeing advisory roles for both OpenAI and Anthropic, capitalizing on the massive financial wave pouring into AI. Since 2025, BofA has helped raise nearly $500 billion for AI startups, proving it’s the bank betting big on the future of artificial intelligence. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c234c729640e80a3