CNBC confirms OpenAI nearing up to $30B raise at $1.25T valuation, UAE-led

ns123abc · x · 2026-10-23

CNBC confirms earlier reports: OpenAI is closing in on a funding round of up to $30 billion valuing the company at $1.25 trillion (excluding new capital). Investors from the UAE are leading alongside Coatue, and the financing is positioned as an 'opportunistic' bridge ahead of a potential IPO.

Related event: OpenAI Nears Up to $30B Round at $1.25 Trillion Valuation Led by UAE Investors and Coatue(8 posts)→

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