OpenAI Aims to Raise $7 Billion, in Talks with Abu Dhabi's MGX

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September 13, 2024
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On September 13, The Information reported that OpenAI is in talks with Abu Dhabi investment firm MGX to raise $7 billion in funding.

On Thursday, OpenAI CEO Sam Altman and Nvidia CEO Jensen Huang were among those who met with senior Biden administration officials and other industry leaders at the White House to discuss how to meet the massive infrastructure needs of AI projects. According to sources, tech attendees also included Anthropic CEO Dario Amodei, Google President Ruth Porat, and Microsoft President Brad Smith.

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