OPENAI in talks with Saudi and Indian investors of more than $ 40 billion in funding

This image shows screens displaying the logos of Openai and Chatgpt. – AFP / File

Chatgpt Maker Openai is in Information.

The report indicates that the Company of IA spoke to the public investment fund of Saudi Arabia (PIF), the Reliance Industries of India and the MGX of the Arab shareholders of the Arab Emirates United on its financing of $ 40 billion.

The company wishes to use this funding to build new powerful AI systems and the massive infrastructure necessary to support them.

Investors could each contribute at least hundreds of millions of dollars, according to the report, citing people familiar with the fundraising effort.

Openai seeks to lift more capital to support its development of models and its ambitious infrastructure plan, Stargate, the financing tour led by SoftBank.

Earlier this year, the CEO of Openai, Sam Altman, met the Minister of India in India and discussed the country’s plans to create a low -cost AI ecosystem. After this meeting, Altman also intended to visit water to discuss fundraising with the investment group based in Abu Dhabi MGX, according to two sources knowing the question.

The startup supported by Microsoft also had talks to raise at least $ 100 million each of the Coatue and Founders Fund as part of the same fundraising, added the information report. The company also plans to guarantee an additional $ 17 billion in 2027.

Reuters could not immediately check the report.

OPENAI, PIF, Reliance Industries, MGX and SoftBank did not immediately respond to Reuters’ comments.

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