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Technology OpenAI in $30 Billion Round Talks With UAE Funds, BlackRock FacebookXLinkedInEmailLinkGiftFacebookXLinkedInEmailLinkGiftGift this articleConfidential tip? Send a tip to our reporters Site feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGift OpenAI is in talks with multiple investment funds from the United Arab Emirates, including Abu Dhabi-based MGX, to help anchor a $30 billion round of financing for the ChatGPT maker, according to people familiar with the matter. The funds would form a syndicate to invest in the round, one of the people said. The UAE funds have discussed putting in as much as $10 billion altogether, one person said.
document fetched 2026-10-06 02:55 · canonical https://bloomberg.com/news/articles/2026-10-05/openai-in-talks-with-uae-funds-blackrock-for-30-billion-round