As OpenAI’s losses mount, partners like Oracle, SoftBank and CoreWeave pile up $100 billion in debt, and that this may be just the beginning – The Times of India

As OpenAI’s losses mount, partners like Oracle, SoftBank and CoreWeave pile up 0 billion in debt, and that this may be just the beginning – The Times of India

By TOI Tech Desk
Publication Date: 2025-11-30 07:07:00

OpenAI’s partners are shouldering nearly $100 billion in debt related to the AI ​​company, with SoftBank, Oracle and CoreWeave borrowing heavily. This strategy leverages the balance sheets of others, as OpenAI itself has minimal debt. Oracle is at greatest risk because the value of its shares will be significantly affected by these agreements.

OpenAIThe company’s data center partners are racking up nearly $100 billion in loans related to the loss-making artificial intelligence startup, with the financial burden falling more on suppliers than on the ChatGPT maker itself, according to a Financial Times analysis.SoftBank, Oracle and CoreWeave have borrowed at least $30 billion to invest in OpenAI or build its data centers, while investment group Blue Owl Capital and infrastructure companies like Crusoe rely on OpenAI customer contracts to service around $28 billion in loans. Banks are also negotiating another $38 billion loan for Oracle and Vantage Data Centers to finance additional OpenAI sites.