OpenAI Secures $11.6Bn Funding for Expanding ChatGPT

May 21, 2025

Catenaa, Wednesday, May 21, 2025- OpenAI has secured $11.6 billion in funding for expanding a site that is core to increasing the ChatGPT maker’s long-term computing capabilities, the Wall Street Journal reported. The funding secured by startup Crusoe is a mixture of debt and equity, which will expand the data center to eight buildings from […]

Wall Street Banks Get Rid Of Musk’s $13B Debt Tied To X

April 30, 2025

Catenaa, Wednesday, April 30, 2025– Wall Street banks have finally got rid of the $13 billion debt tied to Elon Musk’s 2022 buyout of the social media platform now known as X, the Wall Street Journal reported. Quoting sources familiar with the matter, WSJ said that investors purchased the remaining $1.2 billion in loans on […]