Corroborated event · 2 outlets
OpenAI is reportedly negotiating a funding round of up to $30 billion with investors including those from the UAE, ahead of a planned IPO, and has lowered its valuation target.
AI brief
OpenAI is working on a new $30 billion raise at a $1.25 trillion valuation ahead of an IPO.
Why it matters: If completed at that valuation, it would reportedly make OpenAI the most highly valued private company ever.
Written by AI from TechCrunch AI's published text.
Background
From our own funding, model and news trackers, not from the source.
OpenAI
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- $30B · 31 Oct 2026
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- GPT-6.1 Terra Pro · 26 Oct 2026 · $1 in / $5 out per million tokens
More coverage of this story (1)
OpenAI reportedly raising up to $30bn ahead of IPO
Report: OpenAI closing on $30B ‘bridge’ funding round to tide it over before IPO
SiliconANGLE AI · 23 Oct 2026, 00:47
Primary source
“Should OpenAI command an over $1 trillion valuation with this round, it would break records as the most highly valued private company ever.”
Reporting from a publisher outside the organisation being covered.
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