Reportedly, OpenAI plans to raise $30 billion with a valuation of $1.25 trillion before IPO
TechCrunch
1h ago
Ai Focus
According to sources cited by CNBC, OpenAI is pursuing a new round of private financing totaling up to $30 billion, with a pre-financing valuation of $1.25 trillion, rather than directly moving on to IPO. The report also suggests that funds from the United Arab Emirates may be linked to agreements that provide additional computing power for OpenAI.
Helpful
No.Help

It is reported that OpenAI is nearing completion of a new round of super-large-scale private financing, rather than directly advancing to IPO. Sources told CNBC that this AI laboratory is seeking to raise up to $30 billion, with a pre-financing valuation of $1.25 trillion. This round of financing will be led by Coatue and investors from the United Arab Emirates.

This echoes a similar report by Bloomberg from a month ago. At that time, Bloomberg stated that this AI laboratory was seeking to raise $30 billion with a valuation of $1.4 trillion. The CNBC report indicates that the funds from the United Arab Emirates may also be linked to an agreement in which the UAE will provide additional computing power for OpenAI.

OpenAI refuses to comment.

If OpenAI achieves a valuation of over $1 trillion through this round of financing, it will set a record and become the privately held company with the highest valuation in history. This valuation will also further raise the threshold for OpenAI's upcoming IPO. OpenAI secretly submitted its IPO application documents in June; in March, during its previous round of financing, the post-investment valuation for this ChatGPT developer was $852 billion.

Such a high valuation may also have an impact on the IPO of Anthropic, with many believing that the latter is closer to going public. (Market rumors suggest that the public S-1 documents for Anthropic could be submitted at any time.) CNBC cites the latest reports stating that Anthropic is seeking a valuation of $1.5 trillion to $2 trillion when it goes public. CNBC mentioned that Anthropic raised $65 billion in financing in May, with a valuation of $965 billion; at that time, many believed that would be its last major round of financing before IPO. The company also secretly submitted its listing application documents in June.

Tip
$0
Like
0
Save
0
Views 34
WalletJYS reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”,and we will handle it promptly。
Submit
Comment 0
Hot
Latest
No comments yet. Be the first!
Related
Meta becomes the "last straw"; chip stocks experience another sharp decline, while US Treasury bonds surge in response
On Thursday, October 22nd, the escalation of tensions in the Middle East triggered a wave of risk aversion across the U.S. stock market, with the AI industry chain becoming a hard-hit area. The market re-evaluated the return prospects of the massive capital expenditures of AI, and Meta stocks also saw heavy selling pressure. Chip stocks, optical communications, and AI cloud computing sectors all experienced significant declines. At the same time, risk-averse funds flocked to U.S. Treasury bonds, with the yield on 10-year Treasuries falling below 5% for the first time in nearly a month.
Wallstreetcn
·2026-10-23 07:26:25
10
Tesla avoided the most important questions from its shareholders during the earnings call
Tesla skipped key questions regarding HW3 hardware during its earnings call on Wednesday. The article states that the company had previously admitted that HW3 vehicles are not capable of supporting FSD without supervision, but this time there was no mention of an upgrade timeline, costs, or process; moreover, the associated litigation risks continue to rise.
The Block
·2026-10-23 07:05:20
24
Lunai Bioworks Announces Receipt of NASDAQ Delisting Decision and Plans to Voluntarily Delist and Cancel Registration
Lunai Bioworks indicates that on October 21st, the company received a letter from NASDAQ stating that it no longer met the minimum shareholder equity requirements, and NASDAQ staff has decided to delist its securities. The company's board of directors has approved the voluntary withdrawal of its common stocks from NASDAQ listing, and plans to submit Form around November 2nd, followed by submitting Form on the 15th to suspend the SEC reporting obligations under eligible circumstances.
PR Newswire
·2026-10-23 07:05:18
23
U.S. stock market falls; tech stock sell-offs drag down the Nasdaq 100 index, with a sense of risk aversion enveloping Wall Street
U.S. stock market fell on Thursday, with tech stocks being sold off dragging down the Nasdaq 100 index significantly. Markets are concerned about an escalation of tensions in the Middle East, rising crude oil prices, and increasing inflationary pressures. Large tech stocks such as Meta and Tesla declined, with funds shifting to defensive sectors such as consumer staples and utilities.
The Block
·2026-10-23 06:34:58
34
Messi endorses ChatGPT to teach chess, but recommends a "sure-to-lose" opening on the wrong chessboard
On Wednesday, Messi published an advertisement on Instagram, stating that he asked ChatGPT to teach him a chess opening that suited his style. The latter recommended an opening called “GOAT Horns”. However, netizens pointed out that the initial placement of the pieces on the chessboard in the advertisement had the king and queen of both sides in the wrong positions; with this incorrect arrangement, the opening would lead to checkmate in the fourth move, whereas with the correct placement on the chessboard, such a forced checkmate would not occur.
Decrypt
·2026-10-23 06:34:56
29
View More