OpenAI is reportedly in discussions to raise at least $30 billion in a new funding round. BlackRock is among the potential investors.
Several investment funds from the United Arab Emirates, including Abu Dhabi-based MGX, are considering a combined investment of up to $10 billion.
The discussions are based on a pre-money valuation of approximately $1.4 trillion. That would be up from OpenAI’s $852 billion valuation in a March 2026 funding round.
The discussions are ongoing, and the terms could change. OpenAI and BlackRock have declined to comment on the reports.