The Chatgpt OpenI manufacturer is in conversations with the main investors of Saudi and Indian Arabia to raise a large amount of money, of around $ 40 billion, according to The information.
The report says that the company of AI has spoken with the Public Investment Fund of Saudi Arabia (PIF), the Reliance Industries of India and the existing shareholder of the Unital Shareholders of the United Arab Emirates on their financing of $ 40 billion.
The company wants to use this financing to build new powerful systems and the massive infrastructure necessary to support them.
Investors could contribute at least hundreds of millions of dollars, according to the report, citing people familiar with fund collection effort.
Operai is trying to raise more capital to support its development of models and its ambitious infrastructure plan, Stargate, and the financing round is directed by SoftBank.
Earlier this year, the CEO of Operai, Sam Altman, met with the Minister of IT of India and discussed the country’s plans to create a low -cost AI ecosystem. After that meeting, Altman also had plans to visit the EAU to discuss the collection funds of the MGX investment group based in Abu Dhabi, according to two sources with knowledge of the matter.
The startup backed by Microsoft has also had conversations to raise at least $ 100 million each of Coatue and Founders Fund as part of the same fund collection round, added the information report. The company also hopes to ensure additional $ 17 billion in 2027.
Reuters could not immediately verify the report.
Operai, PIF, Reliance Industries, MGX and Softbank did not immediately respond to Reuters comments.
