OpenAI In Talks To Raise $7 Billion With Abu Dhabi Investment Firm

According to BlockBeats, OpenAI is currently in discussions with Abu Dhabi investment company MGX to raise $7 billion in funding. This development was reported by The Information on September 13, 2024. OpenAI's CEO Sam Altman, along with Nvidia CEO Jensen Huang, met with senior officials from the Biden administration and other industry leaders at the White House on Thursday. The meeting focused on addressing the substantial infrastructure needs of artificial intelligence projects. Sources familiar with the matter revealed that other notable tech executives in attendance included Anthropic CEO Dario Amodei, Google President Ruth Porat, and Microsoft President Brad Smith.