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 valued at approximately $1.4 trillion for this round.
- Investors are eager to fund the ChatGPT maker before its public debut.
- OpenAI's run-rate revenue reached $40 billion in August, a 70% increase since July.
- CEO Sam Altman has postponed the IPO to 2026 to focus on AI safety.
- This new fundraising round is intended as a bridge to the IPO.