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

OpenAI is in talks with UAE funds including MGX, which may put in as much as $10B together, and with BlackRock, to anchor a $30B round at a $1.4T valuation it is presenting as a fixed price without a lead investor. The EU’s AI gigafactory programme carries the same headline number with about EUR 1B…

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  1. 2026-10-05 21:52 · The Next Web
    OpenAI is in talks with Abu Dhabi’s MGX and BlackRock for a $30B round

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