The Trillion-Dollar Illusion?
OpenAI disclosed $122 billion in committed financing at an $852 billion post-money valuation in March 2026.
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OpenAI disclosed $122 billion in committed financing at an $852 billion post-money valuation in March 2026.
The global private credit industry expanded to approximately $1.8 trillion in 2024, directly competing with the $1.4 trillion leveraged loan and $1.3 trillion high-yield bond markets.
Artificial intelligence captured 65.4 percent of all deal value, driven by 487 mega-deals of $100 million or more that accounted for 67 percent of total value.