U.S. venture capital firm Coatue Management and United Arab Emirates investment funds are negotiating to lead OpenAI's proposed $30 billion funding round

From the articleOpenAI lowers valuation target, raises up to $30 billionAlso in OpenAI trims valuation target to $1.25tn after pitching higher price, OpenAI nears up to $30 billion funding round at $1.25 trillion valuation led by UAE investors, Report: OpenAI closing on $30B ‘bridge’ funding round to tide it over before IPO, OpenAI Shifts Value to $1.25 Trillion as Funding Talks Finalize, OpenAI working on new $30B raise at $1.25T valuation ahead of IPO