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

BloombergView source article

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OpenAI in talks with UAE funds and BlackRock for $30 billion funding round

OpenAI is negotiating with multiple UAE investment funds including Abu Dhabi-based MGX and BlackRock to anchor a $30 billion financing round for the ChatGPT maker.

Oct 5, 2026·3 sourcesOpenAISovereign Wealth FundAI startupsAGI arms race & geopoliticsVenture capital fundingAI governance & international coordination
OpenAI in talks with UAE funds and BlackRock for $30 billion funding round
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Other sources for this story

TNW

OpenAI is in talks with Abu Dhabi’s MGX and BlackRock for a $30B round

The Business Times

OpenAI in US$30 billion round talks with UAE funds, BlackRock