OpenAI has discussed raising money from Saudi Arabia, Indian investors, suggest reports

ChatGPT maker OpenAI has talked to Saudi Arabia’s PIF, India’s Reliance Industries and existing shareholder the United Arab Emirates’ MGX about its $40 billion financing, The Information reported on Wednesday.

The investors could put in at least hundreds of millions of dollars each, the report said, citing people familiar with the fundraising.

OpenAI is looking to raise more funds to fuel its model development and ambitious infrastructure plan, Stargate, with the financing led by SoftBank.

Earlier this year, OpenAI CEO Sam Altman met with India’s IT…