{"id":51804,"date":"2025-10-07T13:52:14","date_gmt":"2025-10-07T10:52:14","guid":{"rendered":"https:\/\/entarabi.com\/?p=51804"},"modified":"2025-10-07T14:22:06","modified_gmt":"2025-10-07T11:22:06","slug":"uaes-mgx-invests-6-6-billion-in-openai","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2025\/10\/uaes-mgx-invests-6-6-billion-in-openai\/","title":{"rendered":"UAE\u2019s MGX Invests $6.6 Billion in OpenAI"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li>The UAE-based MGX has invested $6.6 billion in OpenAI through a secondary share sale.<\/li>\n\n\n\n<li>The deal values OpenAI at $500 billion, making it one of the most highly valued tech companies in the world.<\/li>\n\n\n\n<li>This investment strengthens the UAE\u2019s presence in the global artificial intelligence landscape and supports OpenAI\u2019s plans to expand its cloud infrastructure.<\/li>\n<\/ul>\n\n\n\n<p>OpenAI, the U.S.-based artificial intelligence company, has announced a $6.6 billion investment from the UAE\u2019s MGX through a secondary share sale, bringing the company\u2019s valuation to $500 billion.<\/p>\n\n\n\n<p>MGX, a UAE-based technology investment firm, was among the early global backers of OpenAI, having participated in a convertible debt round last year valued at $157 billion.<\/p>\n\n\n\n<p>The deal follows a major funding round closed in August, during which OpenAI raised $40 billion at a $300 billion valuation, with participation from leading global investors including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>SoftBank<\/li>\n\n\n\n<li>Thrive Capital<\/li>\n\n\n\n<li>T. Rowe Price<\/li>\n\n\n\n<li>Dragoneer<\/li>\n\n\n\n<li>Major investment firms such as Blackstone and TPG<\/li>\n\n\n\n<li>Venture capital giants Founders Fund, Sequoia Capital, and Andreessen Horowitz<\/li>\n<\/ul>\n\n\n\n<p>OpenAI aims to use the new funding to support large-scale infrastructure projects as part of its plan to expand its technical capabilities. The company has committed to spending $300 billion on cloud computing services from Oracle over the next five years \u2014 an unprecedented investment that underscores its ambition to advance generative AI technologies on a global scale.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OpenAI, the U.S.-based artificial intelligence company, has announced a $6.6 billion investment from the UAE\u2019s MGX through a secondary share sale, bringing the company\u2019s valuation to $500 billion. MGX, a UAE-based technology investment firm, was among the early global backers of OpenAI, having participated in a convertible debt round last year valued at $157 billion. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":51802,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[8850],"tags":[3658,8449],"class_list":["post-51804","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-venture","tag-mgx","tag-openai-en"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/51804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=51804"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/51804\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/51802"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=51804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=51804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=51804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}