A potential UAE investment in OpenAI's plans to create in-house semiconductor chips is on the horizon, indicating growing interest in AI ventures from investors in the region.
OpenAI’s intentions to produce its own semiconductor chips for powering high-level artificial intelligence (AI) models may be getting funding out of Abu Dhabi, a report from the Financial Times reveals.
The report, published on March 15, says that the United Arab Emirates state-backed group MGX is in discussions to back OpenAI’s venture to build AI chips in-house, according to two people with “knowledge of the discussions.”
In order to achieve its goals of creating semiconductor chips in-house, OpenAI is reportedly seeking trillions of dollars in investments from investors around the world.
