OpenAI’s CEO Sam Altman is negotiating loans with influential Middle Eastern investors and is aiming to significantly boost the company’s valuation. According to a report by PANews on January 22, based on Bloomberg’s coverage, Altman has held direct talks with major Middle Eastern investors, including Abu Dhabi’s sovereign funds, to facilitate a new funding round exceeding $50 billion.
Over $50 billion in financing scale, valuation adjusted within a range of $750 billion to $830 billion
If this funding round succeeds, OpenAI’s corporate valuation is expected to be updated to a range between $750 billion and $830 billion. This scale of financing will enable the company to secure substantial investments necessary for AI system development. Specifically, it is anticipated to cover procurement of cutting-edge chips, construction of large-scale data centers, and significant expenses for recruiting top talent.
Strategic investment in AI infrastructure, pushing plans exceeding $1.4 trillion
OpenAI has previously established partnerships with Abu Dhabi-based investment firms MGX and G42. Under these collaborations, the company plans to invest over $1.4 trillion in AI infrastructure over the coming years. Management, including Sam Altman, believes that the participation of Middle Eastern capital will help ensure the successful execution of this large-scale infrastructure investment plan. Note that this funding round is still in its early stages, and the final amount and conditions of the loans may change in the future.
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OpenAI led by Sam Altman in large-scale financing negotiations with Middle Eastern capital—aiming for a valuation of up to $830 billion
OpenAI’s CEO Sam Altman is negotiating loans with influential Middle Eastern investors and is aiming to significantly boost the company’s valuation. According to a report by PANews on January 22, based on Bloomberg’s coverage, Altman has held direct talks with major Middle Eastern investors, including Abu Dhabi’s sovereign funds, to facilitate a new funding round exceeding $50 billion.
Over $50 billion in financing scale, valuation adjusted within a range of $750 billion to $830 billion
If this funding round succeeds, OpenAI’s corporate valuation is expected to be updated to a range between $750 billion and $830 billion. This scale of financing will enable the company to secure substantial investments necessary for AI system development. Specifically, it is anticipated to cover procurement of cutting-edge chips, construction of large-scale data centers, and significant expenses for recruiting top talent.
Strategic investment in AI infrastructure, pushing plans exceeding $1.4 trillion
OpenAI has previously established partnerships with Abu Dhabi-based investment firms MGX and G42. Under these collaborations, the company plans to invest over $1.4 trillion in AI infrastructure over the coming years. Management, including Sam Altman, believes that the participation of Middle Eastern capital will help ensure the successful execution of this large-scale infrastructure investment plan. Note that this funding round is still in its early stages, and the final amount and conditions of the loans may change in the future.