UAE funds including MGX in talks to anchor OpenAI's $30B+ raise, syndicate could invest $10B
nmasc_ · x · 2026-10-06
Per an FT scoop by Rebecca Torrence, multiple United Arab Emirates funds, including MGX, are in talks to anchor OpenAI's $30 billion+ fundraise. The syndicate could invest as much as $10 billion, with BlackRock also in talks to participate. Reported alongside Ed Ludlow and Shirin Ghaffary.
Related event: UAE funds led by MGX in talks to anchor OpenAI round exceeding $30 billion(5 posts)→
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