The global AI arms race has entered a historic financial phase today, January 30, 2026. OpenAI is in advanced negotiations to secure a massive $50 billion funding round primarily from Abu Dhabi-based sovereign wealth funds, including MGX and the Abu Dhabi Investment Authority (ADIA). This capital injection, which could value Sam Altman’s firm at a staggering $750 billion to $830 billion, is specifically earmarked to finance the unprecedented costs of next-generation chips, global data center expansion, and top-tier talent. This funding push comes as OpenAI simultaneously explores a broader $100 billion "mega-round" that could involve major infrastructure partners like NVIDIA, Microsoft, and Amazon, as well as a potential $30 billion commitment from SoftBank.
Central to this deal is the "Stargate UAE" project, a flagship $30 billion AI infrastructure campus spanning 19.2 square kilometers in Abu Dhabi. Developed by Khazna Data Centres (a G42 company) in partnership with OpenAI, NVIDIA,...
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