Recently, according to a report by the American technology media, The Information, OpenAI, the parent company of ChatGPT, is in talks with Saudi Arabia's Public Investment Fund (PIF), Reliance Group of India, and existing shareholder Abu Dhabi Investment Group MGX about a financing deal worth up to $40 billion. These investors may each invest at least hundreds of millions of dollars to support OpenAI's future development.
Under SoftBank's lead, OpenAI is seeking more funds to advance the development of its models and its ambitious infrastructure project, "Stargate." According to insider sources, OpenAI CEO Sam Altman met earlier this year with India's Minister of Electronics and Information Technology to discuss plans for establishing a low-cost AI ecosystem in India. Meanwhile, Altman plans to visit the UAE to discuss financing matters with Abu Dhabi Investment Group MGX.
In addition, OpenAI is also seeking to raise at least $100 million from investment firms Coatue and Founders Fund and expects to raise another $17 billion by 2027. This indicates that OpenAI is in a rapid expansion phase, with active fundraising activities ahead.
The day before the financing news was released, OpenAI officially launched its next-generation reasoning model, the upgraded version o3-pro, claiming it to be the most powerful AI model currently available. CEO Sam Altman expressed high expectations for the new model, stating that it has stronger capabilities compared to the previous o3 model.
On the same day, OpenAI also adjusted the pricing of its models. The API price for the o3 model was significantly reduced, with the cost per million input tokens dropping from $10 to $2 and the cost per million output tokens falling from $40 to $8, resulting in an 80% reduction. This brought the cost of o3 on par with GPT-4.1. On the other hand, the pricing for the o3-pro model was increased, with costs per million input tokens set at $20 and per million output tokens at $80, ten times the adjusted price of o3.
This series of measures indicates that OpenAI is actively laying out its future development strategy, aiming to consolidate its market position in the AI field through financing and the introduction of new technologies.
Key points:
🌟 OpenAI is in talks with Saudi PIF, Reliance Group of India, etc., for a $40 billion financing deal to expand the AI ecosystem.
💡 The new generation reasoning model o3-pro has been released, claiming it to be the strongest AI model currently available. At the same time, the pricing of the o3 model's API has been adjusted to reduce costs.
🚀 OpenAI plans to raise another $17 billion by 2027, demonstrating its expansion intentions and market ambitions.