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[BlackRock and Multiple UAE Funds in Talks to Join OpenAI's Latest $30 Billion Funding Round] According to Bloomberg, sources familiar with the matter revealed that several UAE investment funds, including MGX, are in discussions with OpenAI and may participate in the AI giant's latest $30 billion funding round. One of the sources stated that these funds would form a consortium to take part in this round of financing. Another source mentioned that the total investment amount under discussion by these UAE funds could reach as high as $10 billion. Sources also indicated that BlackRock is in talks to participate in this funding round. The fundraising process is still ongoing, and specific terms may change. Previous media reports stated that OpenAI is seeking to raise at least $30 billion, with a pre-money valuation potentially reaching approximately $1.4 trillion. The company, citing its focus on AI safety, has postponed its IPO plans to at least next year.

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