OpenAI CEO Sam Altman met Sheikh Khaled, Crown Prince of Abu Dhabi and chairman of the Executive Council, and witnessed the signing of several cooperation agreements with Abu Dhabi entities, according to the Abu Dhabi Media Office and CNBC. The deals span energy, investment and government use cases. In the energy segment, ADNOC, G42 subsidiary Inception42 and OpenAI agreed to deploy OpenAI’s frontier models in ADNOC operations, with the company described as the first in the energy sector to use the technology. The capabilities are based on GPT models and will run on inference infrastructure located in the UAE. On the investment side, sovereign investor Mubadala, Inception42 and OpenAI agreed to use advanced AI for investment analysis, opportunity identification and risk assessment. Abu Dhabi’s government also launched a “machine-readable government” initiative with OpenAI to convert some policies and regulations into machine-readable formats for routine licensing and compliance reviews, while final decisions remain with government officials. A separate five-year agreement between Inception42 and OpenAI will support AI adoption across government, business and education in the UAE. CNBC also said OpenAI is seeking to raise up to about $20 billion in a new funding round, with UAE investors set to co-lead.
OpenAI CEO Sam Altman met Sheikh Khaled, Crown Prince of Abu Dhabi and chairman of the Executive Council, and witnessed the signing of multiple cooperation agreements between OpenAI and Abu Dhabi entities, according to the Abu Dhabi Media Office and CNBC. The agreements cover energy, investment and government applications.
ADNOC to deploy OpenAI models in operations
On the energy side, Abu Dhabi National Oil Company (ADNOC), G42 subsidiary Inception42 and OpenAI reached an agreement to deploy OpenAI’s frontier models in ADNOC’s operations. The release said ADNOC would become the first company in the energy industry to deploy the technology.
The capabilities are based on GPT models and use inference infrastructure located within the United Arab Emirates.
Advanced AI planned for investment analysis
In investment, sovereign investor Mubadala, Inception42 and OpenAI agreed to use advanced AI for investment analysis, opportunity identification and risk assessment.
Abu Dhabi launches machine-readable government initiative
On the government side, the Abu Dhabi government and OpenAI launched a “machine-readable government” initiative. The plan is to convert some policies and regulations into machine-readable formats to assist with routine reviews such as licensing and compliance.
Final decisions will still be made by government officials.
Separate five-year agreement
A separate release said Inception42 and OpenAI also signed a five-year agreement to support the rollout of frontier AI across government, business and education in the UAE.
CNBC report on fundraising
CNBC said OpenAI is seeking to raise up to about $20 billion in a new funding round, with UAE investors set to co-lead the round.
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