OpenAI seeks up to $30 billion funding at $1.25 trillion valuation

OpenAI is pursuing a new funding round of up to $30 billion that could value the company at $1.25 trillion. Sources say the round is intended as a bridge to a 2027 IPO and is being led by investors from the UAE. The raise would make OpenAI the most highly valued private company if the target is met.

Why it matters: The potential valuation sets a new benchmark for private AI firms and could influence market dynamics and talent competition.

More in Markets

Markets1h ago5 sources

Apple iPhone Duo sells out quickly, shortages drive up prices in India

Bloomberg Technology + 4 more

Markets8h ago3 sources

Ukraine seeks Starlink alternatives as SpaceX throttles Starshield service