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OpenAI working on new $30B raise at $1.25T valuation ahead of IPO
Should OpenAI command an over $1 trillion valuation with this round, it would break records as the most highly valued private company ever.
Via TechCrunch
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In Brief
Posted:
3:08 PM PDT · October 22, 2026
Image Credits:Darrell Etherington with files from Getty under license
OpenAI is reportedly close to securing another mega round of private funding, rather than plowing ahead with an IPO. The AI lab is working on raising up to $30 billion at $1.25 trillion pre-money valuation in a round led by Coatue and investors in UAE, sources told CNBC.
This follows a similar report by Bloomberg a month ago which said the…
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