BlockBeats news, November 2 - According to the Abu Dhabi Media Office and CNBC, OpenAI CEO Sam Altman met with Abu Dhabi Crown Prince and Chairman of the Executive Council Sheikh Khaled, and witnessed the signing of multiple cooperation agreements with Abu Dhabi covering energy, investment, and government sectors.
In terms of energy, Abu Dhabi National Oil Company (ADNOC), G42's Inception42, and OpenAI have reached an agreement to deploy OpenAI's frontier models in ADNOC's operations, making it the first company in the energy industry to deploy this technology; the related capabilities are based on GPT models and use inference infrastructure within the UAE. On the investment side, sovereign investment institutions Mubadala, Inception42, and OpenAI have agreed to use advanced AI for investment analysis, opportunity identification, and risk assessment.
On the government side, the Abu Dhabi government and OpenAI have launched the "Machine-Readable Government" initiative to convert some policies and regulations into machine-readable formats to assist with routine assessments such as licensing and compliance, with final decisions remaining the responsibility of government officials. According to the press release, Inception42 and OpenAI have also signed a five-year agreement to promote the implementation of frontier AI in the UAE's government, enterprise, and education sectors. CNBC reported that OpenAI is seeking to raise up to approximately $20 billion in a new funding round, led jointly by UAE investors.
