OpenAI Engages in Negotiations with Investors from Saudi Arabia and India for a $40 Billion Funding Round
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Author:小编   

OpenAI is in advanced discussions for a massive $40 billion funding round, involving prominent investors such as Saudi Arabia's Public Investment Fund (PIF), India's Reliance Industries, and the UAE's MGX. Each of these investors is anticipated to contribute at least hundreds of millions of dollars. This round is being spearheaded by SoftBank, and the proceeds will be allocated towards model development and the ambitious "Star Gate" infrastructure project. Furthermore, OpenAI aims to secure at least $100 million each from Coatue and Founders Fund, with aspirations to raise an additional $17 billion by 2027.