OpenAI is reportedly in discussions with Saudi Arabia’s PIF, India’s Reliance Industries, and UAE-based MGX to raise up to USD 40 billion for its infrastructure initiative “Stargate.” The move is being spearheaded by SoftBank, as OpenAI continues expanding its AI capabilities and global partnerships.
On June 12, 2025, leading artificial intelligence research firm OpenAI initiated high-level investment discussions with prominent international investors including Reliance Industries from India, Saudi Arabia’s Public Investment Fund (PIF), and UAE-based MGX.
The discussions are centered on OpenAI’s massive infrastructure project, Stargate, which is estimated to require an investment of USD 40 billion. The initiative is designed to expand OpenAI’s capabilities in computing infrastructure, data centers, and hardware tailored for high-performance AI models.
With artificial intelligence adoption rapidly increasing across industries, Stargate is expected to become a core element of OpenAI’s global expansion strategy, enabling faster development and deployment of future AI systems.
OpenAI’s CEO, Sam Altman, has previously engaged with leaders in India to explore deeper collaboration in the AI space. The inclusion of Reliance Industries signals the company’s intent to work closely with India’s industrial and technological ecosystem, while the involvement of sovereign funds like PIF and MGX reflects growing interest in AI from Gulf economies.
The financing efforts are being led by SoftBank Group, known for backing high-growth tech companies worldwide. The group is helping coordinate the capital raise, ensuring that OpenAI secures long-term global support for its infrastructure ambitions.
As OpenAI accelerates the buildout of Stargate, these partnerships are expected to shape the next chapter of AI infrastructure, combining deep technical expertise with cross-border investment strength.
