UAE fund said to be in talks to invest in OpenAI

2024-09-13 10:03:35

Asia Tech Wire (Sep 13) -- A UAE government-backed company is in talks to invest in ChatGPT developer OpenAI, according to the Wall Street Journal.

Citing people familiar with the matter, the report said MGX, a fund created by the UAE earlier this year, aims to invest in artificial intelligence projects.

However, the fund has yet to finalize the size of its potential investment in OpenAI.

OpenAI UAE

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