According to sources familiar with the matter, several UAE investment funds, including MGX, are in discussions with OpenAI to potentially participate in its latest $30 billion funding round. These funds plan to form a consortium to jointly participate, with the total investment amount under discussion reaching up to $10 billion. Additionally, BlackRock is also in talks to participate in this funding round. The funding is still ongoing, and specific terms may be adjusted. The sources requested anonymity due to the involvement of undisclosed information.
