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deep tech TNW October 05, 2026

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

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

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 […] This story continues at The Next Web

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