Jittery Tech Markets; OpenAI Gets BofA Credit Line

Jittery Tech Markets; OpenAI Gets BofA Credit Line

July 8, 2026 · 42 min

About this episode

Ed Ludlow discusses the mixed tech markets and OpenAI's new credit line from Bank of America, featuring insights from Eric Hippeau on early stage investing.

Bloomberg’s Ed Ludlow breaks down mixed tech markets following US-Iran jitters, which revived risk-off sentiment and sent oil higher. Plus, OpenAI gets a $520 million credit line from Bank of America, while the ChatGPT maker prepares to roll out its most advanced model on Thursday. And, Eric Hippeau from Lerer Hippeau discusses the early stage investing landscape at a time of ballooning AI valuations. See omnystudio.com/listener for privacy information.

People in this episode

Host: Ed Ludlow

Guest: Eric Hippeau

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Mentioned in this episode

Organizations: OpenAI, Bank of America

Products: ChatGPT

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