OpenAI Pursues $30 Billion Funding Round Valued at $1.25 Trillion Ahea

OpenAI Pursues $30 Billion Funding Round Valued at $1.25 Trillion Ahead of IPO

OpenAI is nearing a $30 billion private raise at a $1.25 trillion pre-money valuation, led by Coatue and UAE investors, rather than moving forward with an IPO.

NationPulse Desk

Oct 23, 2026 · 3:08 AM 1 min read

Key takeaways

OpenAI is negotiating a private funding round of up to $30 billion at a $1.25 trillion pre-money valuation.

The round is led by Coatue and investors from the United Arab Emirates, according to sources.

A previous Bloomberg report cited a $30 billion raise at a $1.4 trillion valuation, but terms remain fluid.

If completed, the valuation would make OpenAI the most valuable private company ever.

Anthropic is reported to be aiming for a $1.5-$2 trillion valuation in its upcoming IPO.

OpenAI is said to be close to clinching another massive private funding round instead of advancing an initial public offering. Sources told CNBC the AI firm is seeking up to $30 billion at a $1.25 trillion pre-money valuation, with Coatue and investors from the United Arab Emirates leading the deal.

This follows a Bloomberg report from a month earlier that mentioned a $30 billion raise at a $1.4 trillion valuation. Both outlets note that terms are still under discussion and could shift. CNBC adds that the UAE investment might be paired with an agreement to provide OpenAI additional computing capacity. OpenAI declined to comment.

If the company secures a valuation above $1 trillion in this round, it would become the most valuable private firm ever and set a higher benchmark for its upcoming IPO. The lab filed confidential IPO paperwork in June after its March round valued the ChatGPT creator at $852 billion post-money.

The lofty valuation could also affect Anthropic's pending IPO, which many expect to materialise soon. Reports suggest Anthropic may target a $1.5 to $2 trillion valuation for its public debut, CNBC says. The startup raised $65 billion at a $965 billion valuation in May, a round many thought would be its last before going public, and it also filed confidential paperwork in June.