22 Jan 2026 | 3 Mins Read
Sam Altman in UAE as OpenAI pursues major Middle East funding
Flipitmoney
OpenAI CEO Sam Altman is meeting with Middle East investors to secure a new funding round worth at least $50 billion, valuing the company at $750-830 billion. Talks are early and amounts may change. OpenAI previously raised $40 billion from SoftBank at a $300 billion valuation and has committed to spending $1.4 trillion on AI infrastructure.