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OpenAI’s Altman looks to UAE, East Asia for funding, WSJ reports

Sam Altman, the CEO of Microsoft (MSFT)-backed OpenAI, has been on a global tour since September, including UAE and East Asia, seeking funding and urging companies like TSMC (TSM) and Foxconn (HNHPF) to prioritize OpenAI orders, The Wall Street Journal’s Raffaele Huang and Berber Jin report. Altman has been exploring financing alternatives with supply-chain partners in a move to secure long-term, low-cost supplies for OpenAI’s multitrillion-dollar infrastructure plan, according to people familiar with the meetings.

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