OpenAI CEO Allegedly Travels to the Middle East to Attract Investors for New $50 Billion Funding Round
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
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Source: aastocks
OpenAI's Financing Round: OpenAI CEO Sam Altman is in the Middle East to discuss a financing round of at least US$50 billion, with the company's valuation projected between US$750 billion and US$830 billion.
Investor Meetings: Altman has met with major state-backed funds in Abu Dhabi and is also in talks with Amazon for a potential investment of at least US$10 billion.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
