OpenAI
About
U.S. AI research organisation best known for developing ChatGPT and other generative AI models.
Founders
Recent News
Nvidia stopped funding the AI boom alone, Saudi banks cannot fund theirs, and 500 US towns have banned the buildings
Nvidia formed a six-firm financing consortium targeting over $500bn to bankroll AI data-centre buildouts as Saudi Arabia’s planned pipeline faces a financing shortfall and more than 500 US towns have enacted data-centre bans.
AI Global Funding Statistics 2026: The Complete Data Breakdown
The article details record‑breaking AI investment in 2026, with $2.6 trillion in global AI spending and massive venture rounds concentrated among a few companies; Saudi Arabia announced a $100 billion Project Transcendence initiative and MENA attracted $858 million in AI funding in 2025.
Startup Funding News: Top Startups Backed by VCs in 2026
Mid-2026 venture funding is highly concentrated in a few frontier AI labs and specialized hardware plays, with mega-rounds for OpenAI, Anthropic, xAI and Waymo and large financings for startups like Atoms, CuspAI, Glow, AegisAI and Etched.
OpenAI moves into Israel with first local hires
OpenAI has begun building a commercial presence in Israel by hiring local business development staff to engage Israeli startups and enterprises, with plans to deepen engagement via events and additional hires and possibly appoint a country manager.