OpenAI's CEO, Mr. Altman, meet with Middle Eastern investors, planning to advance a $500 billion funding.
According to informed sources, OpenAI CEO Sam Altman is currently meeting with top investors in the Middle East to prepare for a new round of financing, with the funding possibly reaching at least 50 billion US dollars. The sources say that the company plans to raise at least $50 billion in this round of financing, with a post-financing valuation estimated to be between $750 billion and $830 billion. Negotiations are still in the early stages and the amount of funding could still be adjusted. Bloomberg News has previously reported that OpenAI is also in talks with Amazon to raise at least $10 billion. OpenAI declined to comment. Earlier, The Information reported that the company had discussed raising several billion dollars at a valuation of $750 billion.
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