OpenAI Reportedly in Talks to Raise $30B Round at $1.4T Valuation
· Technology · TechCrunch
OpenAI is reportedly in talks with investors to raise at least $30 billion in a pre-IPO funding round that would value the company at roughly $1.4 trillion. The discussions come as investors seek to increase their stake in the ChatGPT maker ahead of its anticipated public market debut. CEO Sam Altman has ruled out a public listing in 2026 to prioritize AI safety measures. The company recently reported a 70% increase in run-rate revenue since July, reaching $40 billion in August. The planned funding round is expected to serve as a bridge to the eventual IPO.
Why it matters
This massive capital raise highlights the staggering private valuations commanded by AI infrastructure leaders and underscores the immense resource demands of frontier AI development.
Read the original report — TechCrunch
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