Abu Dhabi-backed MGX in talks to invest in OpenAI chip venture

Abu Dhabi-backed MGX in talks to invest in OpenAI chip venture

Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration

Abu Dhabi‘s state-backed investment firm MGX is in early stage discussions to invest in ChatGPT-maker OpenAI‘s chip venture, the Financial Times reported on Friday, citing two sources.