OpenAI is set to close a funding round of up to $30 billion led by UAE-based investors, according to reports. The deal values the AI company at a pre-money valuation of $1.25 trillion.
The agreement includes securing additional computing power from the UAE and is expected to be finalized before the end of next week. This marks one of the largest private funding rounds in history for an AI firm.
OpenAI to Close Up to $30B Funding Round Led by UAE Investors at $1.25T Valuation
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