Report
OpenAI reportedly in talks with UAE funds and BlackRock for $30 billion round
Bloomberg, citing people familiar with the matter, says Abu Dhabi-based MGX is among the UAE funds in talks.
TLDR
Bloomberg reports that OpenAI is in talks with UAE funds, including Abu Dhabi-based MGX, and BlackRock for a $30 billion financing round. One person familiar with the matter said the UAE funds have discussed investing as much as $10 billion altogether; one person said they would form a syndicate to invest.
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