August 3, 2026
    logo logo
    mobileLogo mobileLogo
    • Home
    • About us
    • Editorial
    • Magazine News
    • Telecom
    • IT
    • Broadcasting
    • BPO
    • Newspapers
    • Contact us
    ITNewspapersThe Economic Times

    Banks in talks to lend $38 billion to fund sites for OpenAI: FT

    Binu Mathew
    By Binu MathewNovember 29, 2025

    A group of banks is in talks to lend another $38 billion for Oracle and data centre builder Vantage to fund further sites for OpenAI, the Financial Times reported on Friday, citing people familiar with the matter.

    Reuters could not immediately verify the report.

    Read more
    Previous Article
    Next Article

    You may also like

    IT

    Meta CEO Mark Zuckerberg predicts billions will have a personal AI agent working in next five years

    IT

    Microsoft ‘breaks’ Nvidia’s record, registers biggest one-day gain in stock market history

    IT

    Crypto company CEO stole $5 million from his own company, erased 194 expense records and then abruptly resigned

    IT

    Nvidia in talks with OpenAI to guarantee $250B for US’ biggest data center project that also has Japan’s ‘promise’

    IT

    OpenAI just told that its AI models may have hacked many more businesses

    IT

    Microsoft updates its Insider Trading policy and has a message for employees to stop using these platforms

    Comments are closed.

    More in IT

    IT

    FTC approves IonQ’s $1.8 billion acquisition of SkyWater semiconductor ‍foundry

    IT

    AI bubble gone bust? Once a billionaire, how AI investor Leopold Aschenbrenner lost most of his hedge fund’s fortune in days

    IT

    AI isn’t a catch-all trade for stocks in this earnings season

    View all IT

    Must Read Articles

    1. Budget 2022

      May 25, 2022
    2. Software services, BPO/ITeS among top industries hiring entry level staff in India: Report

      May 25, 2023
    3. Romania’s BPO industry to hire 10% more within two years

      May 31, 2024
    4. BPO industry report says Africa is becoming global CXM hub

      June 20, 2024
    5. Indian IT companies become more conservative in FY25 growth projections

      May 10, 2024
    6. 17 firms under IT hardware PLI to start production this year: IT secy

      May 10, 2024
    7. HCLTech, Cisco launch pervasive wireless mobility service for enterprises

      May 3, 2024
    8. M&E stakeholders urge TRAI to exclude OTT, online gaming and music from Broadcasting policy

      May 21, 2024
    9. Infosys announces multi-year collaboration with Australian telecom giant

      May 17, 2024
    10. NTIPRIT, Ghaziabad conducts workshop on “Global Standards & IPR” on World Telecommunication and Information Society Day

      May 18, 2024
    Cover Image BUY NOW!
    November 2025
    M T W T F S S
     12
    3456789
    10111213141516
    17181920212223
    24252627282930
    « Oct   Dec »

    Archives

    logo logo
    Copyright © 2026 by TelecomLive. All rights reserved.
    stickyLogo
    • Home
    • About us
    • Editorial
    • Magazine News
    • Telecom
    • IT
    • Broadcasting
    • BPO
    • Newspapers
    • Contact us
    0 %

    logo

    ✕ Close
    • Home
    • About us
    • Editorial
    • Magazine News
    • Telecom
    • IT
    • Broadcasting
    • BPO
    • Newspapers
    • Contact us

    logo

      ✕
      • Home
      • About us
      • Editorial
      • Magazine News
      • Telecom
      • IT
      • Broadcasting
      • BPO
      • Newspapers
      • Contact us