sovereign sums

Sam Altman approaches Gulf funds for OpenAI expansion

The ChatGTP maker has received backing from Abu Dhabi tech investor MGX and is partnering with G42 to build a huge Starlink data center

Emirates News Agency

G42 CEO Peng Xiao and OpenAI's Sam Altman signing a partnership agreement in 2023

By

Jonathan H. Ferziger

January 22, 2026

OpenAI has been courting Middle Eastern investors, including Abu Dhabi’s sovereign wealth funds, as it prepares to raise as much as $50 billion in its latest funding round.

CEO Sam Altman recently visited the region to meet with...

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