OpenAI CEO Sam Altman is on a strategic tour across East Asia and the Middle East, seeking funding and partnerships to support the company’s ambitious AI infrastructure expansion. The UAE is a focal point in this initiative, with planned discussions involving major investment entities such as Abu Dhabi’s MGX Fund and Mubadala Investment Company. These talks aim to secure substantial investments for OpenAI’s data center projects, including the Stargate UAE facility, a joint venture with SoftBank, Oracle, and G42.
The Stargate UAE project is part of OpenAI’s broader plan to invest up to $500 billion in global AI infrastructure by 2029. This includes building floating data centers and power plants in collaboration with Samsung, aiming to reduce land use and cooling costs. The company also plans to deploy at least 10 gigawatts of Nvidia compute power and construct multiple U.S.-based data centers.
Altman’s tour underscores OpenAI’s commitment to establishing a robust global AI infrastructure, with the UAE playing a pivotal role in these expansion efforts.
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