OpenAI’s AI Chip Venture In Talks With Abu Dhabi’s MGX Over Funding
The post OpenAI’s AI Chip Venture In Talks With Abu Dhabi’s MGX Over Funding appeared first on Coinpedia Fintech News
As per a report, Sam Altman’s OpenAI is in talks with Abu Dhabi’s state-backed investment firm, MGX, regarding funding its AI chip venture.MGX, a tech investment firm, made its debut earlier this week. In an exciting turn of events, the UAE’s AI minister, also revealed that, he eyes xAI’s owner Elon Musk’s AI-related venture into the nation quoting, “I don’t think it’s far out for him to do something here,” This provides an enormous chance for the UAE to further strengthen its foothold as an AI pioneer globally. The investment plan is sure to make ripples across the AI landscape
