"I gave them $38 million of essentially free funding, which they then used to create an $800 billion for-profit company. I actually was a fool who created free funding for them to create a startup. I literally was."
The loan itself is one of the most consequential pieces of financing in the current AI boom. Signed on 27 March 2026, it is an unsecured, 12-month bridge facility underwritten by JPMorgan Chase, Goldman Sachs, Mizuho Bank, Sumitomo Mitsui Banking, and MUFG Bank.
The lawsuits allege that the violent intentions of the shooter, identified as 18-year-old Jesse Van Rootselaar, were well-known to OpenAI. Employees at the company flagged the shooter's account eight months before the attack and determined that it posed a credible and specific threat of gun violence against real people.