OpenAI nears up to $30 billion funding round at $1.25 trillion valuation led by UAE investors

First reported by CNBC at · Updated · 7 sources

OpenAI is close to finalizing a new funding round that is meant to be a bridge to its 2027 IPO, sources familiar with the matter tell CNBC.

Covered by 7 publishers within 8 hours of the first report.

Summary from CNBC.

Reporting7

CNBC OpenAI nears up to $30 billion funding round at $1.25 trillion valuation led by UAE investors
TechCrunch OpenAI working on new $30B raise at $1.25T valuation ahead of IPO · Julie Bort
The Information OpenAI Fundraising Round Set to Close Soon With UAE Investors, Coatue Leading Investment · Jemima McEvoy
Bloomberg OpenAI Shifts Value to $1.25 Trillion as Funding Talks Finalize · Shirin Ghaffary and Rebecca Torrence
SiliconANGLE Report: OpenAI closing on $30B ‘bridge’ funding round to tide it over before IPO · Mike Wheatley
PYMNTS OpenAI Aims to Lock In $30 Billion Funding Round by Next Week · PYMNTS
Implicator.ai OpenAI Nears $30 Billion Round at $1.25 Trillion After Pitching $1.4 Trillion · Marcus Schuler

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Topics OpenAI