OpenAI CEO Sam Altman in talks with Saudi Arabia, Indian investors to raise funds: Report

ChatGPT maker OpenAI has talked to Saudi’s PIF, India’s Reliance Industries and existing shareholder United Arab Emirates’ MGX about its $40 billion financing, The Information reported on Wednesday. The investors could put in at least hundreds of millions of dollars each, the report said, citing people familiar with the fundraising. OpenAI is looking to raise more funds to fuel its model development and ambitious infrastructure plan Stargate, with the financing led by SoftBank.