OpenAI working on new $30B raise at $1.25T valuation ahead of IPO
CNBC reports OpenAI is close to securing up to $30 billion at a $1.25 trillion pre-money valuation in a round led by Coatue and UAE investors, though terms are still being negotiated. It follows a Bloomberg report a month earlier describing a similar $30 billion round at $1.4 trillion. If it closes above $1 trillion, OpenAI would become the most valuable private company ever, raising the bar for its forthcoming IPO after confidential paperwork was filed in June. Why it matters: a record-setting private valuation re-prices the entire AI funding landscape and puts direct pressure on Anthropic's own IPO plans.
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- TechCrunch AI2026-10-22 22:08