OpenAI is coordinating a new funding round with Saudi Arabia's Public Investment Fund (PIF) and Abu Dhabi's sovereign wealth fund, CNBC reported on Jan. 22.
The round is expected to be worth $50 billion and is likely to be completed within the first quarter. The investment amount could change and the terms are not finalised, CNBC said.
OpenAI CEO Sam Altman (샘 알트먼) is reportedly staying in the United Arab Emirates to take part in the investment talks.
OpenAI has grown rapidly, leading the AI market since the launch of ChatGPT in 2022. Last year it raised $40 billion in an investment led by SoftBank. In October, it completed a $6.6 billion stock sale, lifting its company valuation to as high as $500 billion.
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Chi-gyu Hwang
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