<ul data-eligibleForWebStory="true"><li>OpenAI is seeking $40 billion in funding from investors including Reliance Industries, Saudi Arabia’s Public Investment Fund, and existing shareholder United Arab Emirates’ MGX.</li><li>Each investor is expected to contribute 'at least hundreds of millions of dollars' to the fundraise, aimed at fueling OpenAI's model development and infrastructure plan 'Stargate.'</li><li>OpenAI has yet to comment on the reported funding discussions.</li><li>The company previously announced the $40 billion funding at a $300 billion post-money valuation in March, with plans to advance AI research, enhance compute infrastructure, and provide more powerful tools.</li><li>OpenAI had also explored potential partnerships with Reliance Industries for new AI ventures, with discussions around distributing AI products through Reliance's telecom arm Jio.</li></ul>

OpenAI Eyes $40 Bn Funding From Reliance, Others: Report

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