OPENAI'S ALTMAN MEETS MIDEAST INVESTORS FOR $50 BILLION ROUND

Summary from the TLDR AI newsletter

OpenAI's CEO, Sam Altman, has been meeting with investors in the Middle East to line up funding for a new investment round that could total at least $50 billion. He recently visited the region, where he spoke with some of the leading state-backed funds in Abu Dhabi. The talks are early, and the amount could change. OpenAI has also recently held talks with Amazon to raise at least $10 billion.