UAE set to help fund OpenAI’s in-house chips

OpenAI's ambitious plans to develop its own semiconductor chips for powering advanced AI models could receive a boost from the United Arab Emirates (UAE), according to a report by the Financial Times.

The report states that MGX — a state-backed group in Abu Dhabi — is in discussions to support OpenAI's venture to build AI chips in-house. This information comes from two individuals with knowledge of the discussions.

In order to achieve its goal of creating...