OpenAI seeks up to $30B at a $1.25T valuation
If the round values OpenAI above $1 trillion, it would set a private-company record and raise the valuation benchmark for its planned IPO.
• OpenAI is seeking up to $30 billion at a $1.25 trillion pre-money valuation, sources told CNBC.
• Coatue and UAE investors would lead the round, whose terms are still being negotiated.
• OpenAI filed confidential IPO paperwork in June after a March round valued it at $852 billion post-money.
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October 23, 2026 28
