OpenAI Explores Funding Opportunities with Saudi Arabia and Indian Investors
June 12, 2025 - 09:43
OpenAI is reportedly in discussions to secure funding from several high-profile investors, including Saudi Arabia's Public Investment Fund (PIF), Indian conglomerate Reliance Industries, and existing shareholder MGX from the United Arab Emirates. The negotiations revolve around a substantial financing round aimed at raising approximately $40 billion.
Sources familiar with the matter indicate that these talks are part of OpenAI's broader strategy to enhance its financial backing and expand its capabilities in artificial intelligence. The involvement of prominent investors from the Middle East and India underscores the growing global interest in AI technology and its potential applications across various sectors.
As OpenAI continues to innovate and develop its AI models, securing this level of funding could significantly bolster its research initiatives and product offerings. The outcome of these discussions remains to be seen, but the interest from such influential investors highlights the importance of AI in the future of technology and business.
MORE NEWS
February 5, 2026 - 05:06
AccountAbility Appoints Guillaume Mascotto as Director of Advisory ServicesAccountAbility, a leading global consulting and standards firm, has announced a key addition to its leadership team. Guillaume Mascotto has been appointed as the firm`s new Director of Advisory...
February 4, 2026 - 05:28
How 'second guessing' cost high earning Aussie couple more than $200,000Financial indecision has proven to be a remarkably expensive habit for one high-earning Australian couple, whose reluctance to act cost them a staggering sum exceeding two hundred thousand dollars....
February 3, 2026 - 21:42
Sheinbaum doubles down on Plan México, committing 5.6 trillion pesos to major projectsPresident Claudia Sheinbaum has firmly committed to continuing the strategic infrastructure initiative known as Plan México, announcing a monumental financial package totaling 5.6 trillion pesos....
February 3, 2026 - 04:21
AMD Q4 earnings: What Wall Street expects from AI chipmakerAll eyes are on Advanced Micro Devices as the semiconductor giant prepares to unveil its fourth-quarter financial performance. The report, scheduled for release after the closing bell on Tuesday,...