As OpenAI is ‘about to fall apart’ predictions make headlines, Sam Altman goes to Middle East to participate in …
OpenAI CEO Sam Altman is now seeking funding from a new market: the Middle East. This comes after veteran investor George Noble warned that the AI company is “falling apart in real time” despite its $500 billion valuation. According to a Bloomberg report, OpenAI is in talks with Middle Eastern sovereign wealth funds to secure investments for a new multibillion-dollar funding round.
The report cited a source familiar with the discussions who asked not to be named because the details are confidential to claim that this investment round is expected to total around $50 billion, though the numbers could change.
