OpenAI working on new $30B raise at $1.25T valuation ahead of IPO
OpenAI is reportedly negotiating a $30 billion funding round at a $1.25 trillion valuation, potentially delaying a planned IPO. The deal may include infrastructure agreements for computing capacity with UAE-based investors.
Why it matters
A valuation exceeding $1 trillion would make OpenAI the most valuable private company in history, setting a high benchmark for the broader AI industry and upcoming IPOs.
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 AI lab was working on raising $30 billion at a $1.4 trillion valuation. Terms are still being negotiated, both outlets report, so they could ultimately change. CNBC reports that the UAE funding could also be coupled with a deal to secure more computing capacity for OpenAI from the UAE, too. OpenAI declined comment.
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