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OpenAI is expanding its global fundraising push, tapping heavyweight investors from the Middle East and India to back its $40 ...
OpenAI seeks $40 bn from Reliance, Saudi PIF, UAE's MGX for Stargate and next-gen AI models, with SoftBank leading the global ...
OpenAI is reportedly in discussions with major global investors, including Saudi Arabias Public Investment Fund (PIF) and ...
Microsoft-backed OpenAI has doubled its annual recurring revenue (ARR) from $5.5 billion in December 2024 to $10 billion by ...
OpenAI, the creator of ChatGPT, is in discussions with Saudi Arabia’s PIF, India’s Reliance Industries, and UAE-based MGX to raise up to $40 billion. The funding will support the company’s ...
OpenAI has hit $10 billion in annual recurring revenue less than three years after launching its popular ChatGPT chatbot.
STORY: Business is booming at OpenAI. The ChatGPT maker said Monday that revenue had hit an annual rate of $10 billion as of June. That excludes large one-time deals, and licensing payments by major ...
The growth is remarkable given that only 18 months ago, OpenAI’s annual recurring revenue hit $1.6 billion and it has been ...
OpenAI’s chief strategy officer is traveling around Asia Pacific talking to governments and investors about building Stargate ...
The launch of Stargate, an apparent $500bn project to build data centres in the US, was hailed by President Donald Trump in January as “the largest AI infrastructure project by far in history”.
OpenAI has announced that it has reached $10 billion in annual recurring revenue (ARR), up from around $5.5 billion last year ...