OpenAI seeks $7 billion investment from MGX amid AI infrastructure discussions with Biden administration

According to BlockBeats, on September 13, The Information reported that OpenAI is in talks with Abu Dhabi investment company MGX to raise $7 billion in funds.

OpenAI CEO Sam Altman and Nvidia CEO Jensen Huang met with senior Biden administration officials and other industry leaders at the White House on Thursday to discuss how to meet the massive infrastructure needs of artificial intelligence projects. Tech attendees also included Anthropic CEO Dario Amodei, Google President Ruth Porat and Microsoft President Brad Smith, according to people familiar with the matter.

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