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OpenAI in Advanced Talks for $50 Billion Funding from Middle Eastern Sovereign Wealth Funds

OpenAI in Advanced Talks for $50 Billion Funding from Middle Eastern Sovereign Wealth Funds

Author:

Global Cryptocurrency

Published:

2026-01-22 13:13:01

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BTCCSquare news:

OpenAI is negotiating a $50 billion funding round with Middle Eastern sovereign wealth funds, marking a significant step in its global expansion. CEO Sam Altman is currently in the United Arab Emirates to finalize terms, with the deal expected to close by Q1 2026. This follows OpenAI's $40 billion raise last year from backers like SoftBank and Microsoft, and a recent $6.6 billion share sale that pushed its valuation to $500 billion.

The funding WOULD bolster OpenAI's position in the tech industry, though the final amount may vary based on ongoing negotiations. Altman's direct involvement underscores the strategic importance of this capital infusion as the company scales its AI capabilities.

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