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Largest US bank tying AI usage costs to productivity, quality and risk reduction.
After years of encouraging staff to embrace AI, large enterprises including Goldman Sachs, Cisco and JPMorgan are shifting to more disciplined deployment: token budgets, usage tracking and access limits for specific employees or tools. The goal is not cost cutting but tying AI spend to productivity, risk control and data protection.
On top of $6.6 billion in new equity funding, OpenAI has established a $4 billion revolving credit facility with nine banks including JPMorgan Chase, Citi and Goldman Sachs, undrawn at closing. The company says it now has access to over $10 billion in liquidity to fund infrastructure expansion, talent and research.