E.g. the $40 billion just committed to OpenAI (assuming that by the end of this year OpenAI exploits a legal loophole to become for-profit, that their main backer SoftBank can lend enough money, etc).
VC money, in my experience, doesn’t typically mean that the VC writes a check and then the startup has it to do with as they want; it’s typically given out in chunks and often there are provisions for the VC to change their mind if they don’t think it’s going well. This may be different for loans, and it’s possible that a sufficiently hot startup can get the money irrevocably; I don’t know.
VC money, in my experience, doesn’t typically mean that the VC writes a check and then the startup has it to do with as they want; it’s typically given out in chunks and often there are provisions for the VC to change their mind if they don’t think it’s going well. This may be different for loans, and it’s possible that a sufficiently hot startup can get the money irrevocably; I don’t know.