OpenAI nearing up to $30B raise at $1.25T valuation, led by UAE investors
ns123abc · x · 2026-10-23
OpenAI is closing in on a funding round of up to $30 billion at a $1.25 trillion valuation (excluding new capital), according to people familiar with the deal. Investors from the UAE are leading the round alongside Coatue, and the financing is positioned as an 'opportunistic' bridge ahead of a potential IPO.
More from Venture
- "Good businessman, not a good technologist": analysts mock Zuck's superintelligence bet — fkasummer · 2026-10-23
- Analyst pushes back: today's stats don't support AI capex or revenue slowdown shorts — menhguin · 2026-10-23
- OpenAI Reportedly Raising $30B at $1.25T Valuation Ahead of IPO — TechCrunch AI · 2026-10-23
- Podium hits $150M AI ARR: the second time took 2.5 years vs 8 the first — ycombinator · 2026-10-23
- Nearly $1T wiped from US stocks, $100B from crypto in one-day selloff — 4KTV · 2026-10-23
- DataVendor launches public beta as a marketplace for AI training data, boosted by Y Combinator — ycombinator · 2026-10-23