OpenAI in talks for $30 billion round with UAE funds, Blackrock
Artificial intelligence firm OpenAI is in discussions with United Arab Emirates funds and investment firm Blackrock about raising funds at a valuation of about $30 billion, Bloomberg News reported on Thursday, citing people familiar with the matter.
OpenAI is in talks with UAE funds and BlackRock for a $30 billion funding round, Bloomberg News reported. The talks were reported on Oct 5, according to the source text.