OpenAI in Talks With UAE Funds, BlackRock for $30 Billion Round

OpenAI is in talks with investment funds from the United Arab Emirates, including Abu Dhabi-based MGX, and BlackRock to anchor a $30 billion financing round. The funds could serve as anchor investors in the round for the ChatGPT maker.

• OpenAI is negotiating a $30 billion funding round
• Investors include UAE funds such as Abu Dhabi-based MGX
• BlackRock is also involved in the talks
• The funds could anchor the financing round