PANews reported on January 22 that, according to Bloomberg, OpenAI CEO Sam Altman recently met with top investors in the Middle East, including the Abu Dhabi statePANews reported on January 22 that, according to Bloomberg, OpenAI CEO Sam Altman recently met with top investors in the Middle East, including the Abu Dhabi state
OpenAI seeks support from Middle Eastern investors, aiming to raise over $50 billion with a valuation of up to $830 billion.
PANews reported on January 22 that, according to Bloomberg, OpenAI CEO Sam Altman recently met with top investors in the Middle East, including the Abu Dhabi state-owned fund, seeking a new round of financing of at least $50 billion, with a valuation target of $750 billion to $830 billion. This funding will support the high costs of chips, data centers, and talent required for its AI system development. OpenAI has previously partnered with Abu Dhabi investment firms MGX and G42 and plans to invest over $1.4 trillion in AI infrastructure over the next few years. This round of financing is still in its early stages and the amount is subject to change.
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