New Delhi, Nov. 29 -- Companies that have tied up with OpenAI to supply data centres,chips, and "compute" processing power have borrowed about $96 billion in debt to fund their operations, according to a recent analysis by The Financial Times.

According to the report, companies like SoftBank, Oracle and CoreWeave have borrowed at least $30 billion to invest in the loss-making startup as it benefits from a deb-fuelled spending spree without having to take any financial birden itself.

This highlights the AI industry's rising reliance on debt and its increasing dependence on one particular company for future gains.

At present, the revenues generated by AI companies, and the data centre operators rapidly expanding to serve them, are nowher...