Baku 18° C
OpenAI in talks with UAE investment funds to raise up to $10 billion
Other countries
- 06 October, 2026
- 09:35
Add Report.az to preferred Google sources
Stay up to date with the top news!
OpenAI is in talks with investment funds from the United Arab Emirates (UAE) to participate in a new funding round worth at least $30 billion.
According to Report, citing Bloomberg, UAE investors are discussing the possibility of forming a partnership to jointly invest in OpenAI.
According to sources cited by the agency, the total potential investment from UAE funds could reach $10 billion.
US investment firm BlackRock is also considering joining the funding round.
Bloomberg previously reported that OpenAI expects to raise at least $30 billion, which would bring the company's valuation to approximately $1.4 trillion.
"OpenAI" BƏƏ fondları ilə 10 mlrd dollara qədər vəsait cəlb etmək üçün danışıqlar aparır
Bloomberg: OpenAI ведет переговоры с фондами ОАЭ о привлечении до $10 млрд
Latest News
15:57
Azerbaijan begins work to expand Absheron National Park
AIC
15:49
SESRIC director general highlights tailored approaches to sustainable development
Foreign policy
15:45
Garabagh National Park's freshwater could support fish farms nearby
AIC
15:43
Uzbekistan draws on Azerbaijan's experience to reform public services
Foreign policy
15:38
Suriname seeks closer ties with businesses and educators to diversify economy
Foreign policy
15:32
Italian FM to visit Azerbaijan in late November - Exclusive
Foreign policy
15:27
Global South Youth Platform expands to 40 countries
Foreign policy
15:23
OIC Labor Center uses AI to enhance labor mobility, employment services
Foreign policy
15:21
Kenya digitizes more than 23,000 government services
Foreign policy