OpenAI Explores Funding from Saudi Arabia, India, and UAE Investors for $40 Billion Raise
OpenAI, the creator of ChatGPT, has held talks with Saudi Arabia’s Public Investment Fund (PIF), India’s Reliance Industries, and the UAE’s MGX about joining its planned $40 billion financing round, The Information reported on Wednesday. Each investor could contribute hundreds of millions of dollars or more, according to sources familiar with the discussions.
The fundraise, reportedly led by SoftBank, aims to support OpenAI’s development of advanced AI models and its ambitious infrastructure project called Stargate. Earlier in 2025, CEO Sam Altman engaged with India’s IT Minister about fostering a low-cost AI ecosystem, and he planned to visit the UAE to pursue funding talks with MGX, sources told Reuters.
OpenAI is also in discussions with U.S. investors Coatue and Founders Fund to secure at least $100 million each. The company anticipates raising an additional $17 billion by 2027 to continue scaling its AI capabilities.
Microsoft-backed OpenAI and the mentioned investors have not yet responded to requests for comment, and Reuters has not independently verified the funding discussions.