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OpenAI Cuts Round To $20 Billion As UAE Investors Pair Capital With Compute Capacity

The OpenAI funding round, with UAE investors including MGX as the largest backers, comes with an option on Gulf data center capacity. Washington will set its limits.

OpenAI Cuts Round To $20 Billion As UAE Investors Pair Capital With Compute Capacity

We haven't written up this one. Forbes has the full story — the link below goes straight to it.

Read the original at forbes.com →

More in AI

Enza Capital wants Africa to build its AI with its new fund

Enza Capital has launched a dedicated fund just for artificial intelligence (AI) startups and AI-enabled startups in Africa.

  • Enza Capital launches AI-focused fund for African startups
  • Managing partner Mike Mompi emphasizes AI's value creation potential
  • Enza targets AI adaptation to African conditions and cost efficiency

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