OpenAI seeks UAE investors to anchor $30 billion financing

Published Monday, October 5, 2026 · 5:54 PM EDT

OpenAI is in talks with multiple investment funds from the United Arab Emirates to help anchor a $30 billion financing round, Bloomberg reported, citing people familiar with the matter. The funds include Abu Dhabi-based MGX; the financing discussions concern the maker of ChatGPT.

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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.

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