Sam Altman, CEO of OpenAI, participated in a panel on artificial intelligence at the Technical University Berlin on February 7, 2025. OpenAI is actively negotiating with Middle Eastern sovereign wealth funds for a new funding round, projected to reach around $50 billion, although figures may vary and no agreements have been finalized. The investment talks are ongoing while Altman is in the UAE, and the funding round is expected to close in the first quarter of the year. OpenAI, a leader in the AI sector since launching the ChatGPT chatbot in 2022, has rapidly evolved into a major commercial entity. Last year, the company secured a record-breaking $40 billion funding round led by SoftBank, alongside significant investments from Microsoft, Coatue, Altimeter, and Thrive. OpenAI’s valuation soared to $500 billion after finalizing a $6.6 billion share sale in October.
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