OpenAI Signs Abu Dhabi Deals with ADNOC and G42 as It Seeks $20 Billion
Summary
OpenAI signs agreements with Abu Dhabi entities covering energy, government and investment, including a deal with ADNOC and G42 to deploy its frontier technology across ADNOC operations. CEO Sam Altman met Crown Prince Khaled bin Mohamed bin Zayed Al Nahyan. OpenAI is seeking $20 billion in a funding round co-led by UAE investors.
Key Points
- Mubadala, Inception42 and OpenAI sign an agreement to apply advanced AI to investment analysis, per the Abu Dhabi Media Office.
- The Abu Dhabi Government announces an initiative with OpenAI to translate policies and regulations into machine-readable form.
- Inception42 and OpenAI sign a five-year deal to spread frontier AI across government, enterprise and education.