OpenAI reportedly in talks to raise $30B round at $1.4T valuation
The new round is anticipated to be the company's last before its delayed 2027 public debut.
TL;DR
- OpenAI is in talks to raise at least $30 billion in a pre-IPO funding round.
- The company is seeking a valuation of roughly $1.4 trillion.
- Recent strategic refocus has led to a 70% jump in run-rate revenue since July.
- CEO Sam Altman has ruled out a public debut in 2026 to prioritize AI safety.
- The new fundraising is intended as a bridge round to the IPO.