OpenAI CEO Altman meets with Middle Eastern investors to raise funds for OpenAI's new round of $500 million financing.

Sources familiar with the matter revealed that OpenAI CEO Sam Altman recently met with top investors in the Middle East to raise funds for a new round of financing, with a total amount possibly reaching at least $5 billion. The sources, who requested anonymity as the information has not been made public, stated that Altman recently visited the region and held discussions with investors including some major funds with national backgrounds in Abu Dhabi. The sources reported that the developers of ChatGPT are looking to raise $5 billion or more in this round of financing, corresponding to a company valuation of approximately $750 to $830 billion. Negotiations are still in the early stages, and the financing scale may change. Bloomberg News previously reported that OpenAI is also in talks with Amazon, planning to raise at least $10 billion.