Report
OpenAI Signs UAE Deals with ADNOC, G42, and Mubadala; Funding Round Reportedly Falls to ~$20B
OpenAI signed four agreements with Abu Dhabi entities for deploying models in energy operations and investment analysis.
TLDR
ADNOC and G42 plan to deploy OpenAI models across ADNOC's operations, while Mubadala and Inception42 plan to use them for investment analysis. OpenAI's funding round reportedly fell to about $20 billion at a $1.25 trillion valuation, down from $1.4 trillion. A UAE consortium is expected to make the round's largest investment.
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