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OpenAI's Altman seeks funds for infrastructure expansion on Asia, Middle East tour, WSJ reports

Sam Altman seeks financing and manufacturing partnerships to support OpenAI’s $400 billion infrastructure expansion plan by 2029 amid growing AI computing demand.

Summary
OpenAI CEO Sam Altman has embarked on a global fundraising initiative spanning East Asia and the Middle East, seeking financing and manufacturing partners to meet the company's demand for its computing capacity, the Wall Street Journal reported on Saturday, citing sources familiar with the meetings. Altman has held discussions since late September in Taiwan, South Korea, and Japan with major suppliers such as Taiwan Semiconductor Manufacturing, Foxconn, Samsung and SK Hynix to boost AI chip production and secure top-priority orders for OpenAI, the report said.

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The Mighty 790 KFGO broke the news in on Saturday, October 4, 2025.
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