OpenAI is in talks with investors to raise at least $30 billion in a pre-IPO funding round at a valuation of roughly $1.4 trillion, according to Bloomberg. The company's run-rate revenue hit $40 billion in August after a strategic refocus on coding, up 70% since July. CEO Sam Altman has ruled out a 2026 IPO to prioritize AI safety, making this round a bridge to a future public debut.
Background
OpenAI previously raised $122 billion in March 2026 at an $852 billion valuation. The company had been expected to go public in 2026 but shifted timeline due to safety concerns raised by researchers about existential AI risks.
- Source
- TechCrunch
- Published
- Sep 30, 2026 at 03:52 AM
- Score
- 8.0 / 10