OpenAI’s proposed $30 billion round could pull in $10 billion from UAE funds
OpenAI is seeking a $30 billion financing round, and UAE funds including Abu Dhabi-based MGX have discussed investing up to $10 billion together, giving the ChatGPT maker a potential anchor for a much larger raise. The funds would invest as a syndicate, while BlackRock is also discussing joining; the fundraising is ongoing, so the terms could change.