OpenAI seeks $30 billion raise at $1.25 trillion valuation ahead of 2027 IPO
Markets
Bloomberg Technology
OpenAI is in final talks to raise about $30 billion, targeting a $1.25 trillion valuation. The funding round is described as a bridge to the company’s planned 2027 IPO and is reportedly led by investors from the United Arab Emirates. If completed, the valuation would set a record for the most highly valued private company.
Why it matters: The scale of the raise and valuation signals massive capital inflow into AI, affecting market dynamics and competition for tech professionals.
Read the coverage
TechCrunchOpenAI working on new $30B raise at $1.25T valuation ahead of IPO ↗techcrunch.com · 7h ago
CNBC TechnologyOpenAI nears up to $30 billion funding round at $1.25 trillion valuation led by UAE investors ↗cnbc.com · 9h ago
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OpenAI seeks up to $30 billion funding at $1.25 trillion valuationFriday 23 October
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