Spirit AeroSystems, a major aerospace supplier, has received a $107 million credit line from Airbus to support its production efforts. The agreement outlines that repayment will be tied to specific transactions or will be due by April 1, 2026, ensuring continued production for Airbus programs.
OpenAI, the creator of ChatGPT, has secured a $4 billion revolving credit line, adding to its recent $6.6 billion funding round. This substantial injection of liquidity will allow the AI startup to invest in high-cost computing resources, including Nvidia’s powerful chips, and capitalize on future growth opportunities.
