OpenAI repotedly in talks to raise $30B round at $1.4T valuation
News Source
β’Tue, 29 Sep 2026 19:52:37 +0000
π° What Happened
OpenAI is in talks to raise at least $30 billion from investors, Bloomberg reported on Tuesday. The deal would value the company at about $1.4 trillion. It would be a step before OpenAI sells shares to the public.
Investors are keen to put more money into the maker of ChatGPT ahead of a planned stock market listing next year. OpenAI did not comment on the report.
π The Backstory
OpenAI raised $122 billion in March at an $852 billion valuation. That round was meant to be its last private one before going public. But CEO Sam Altman has now said there will be no public debut in 2026, because he wants to focus on AI safety first.
Revenue has grown fast. A new focus on coding helped push run-rate revenue up 70 percent since July, to $40 billion in August. A bridge round like this helps the company wait for a better market.
π― Why It Matters
ChatGPT is used by millions of people and businesses. The choices OpenAI makes about money and safety shape what tools we get and how much they cost.
OpenAI is in talks to raise at least $30 billion from investors, Bloomberg reported on Tuesday. The deal would value the company at about $1.4 trillion. It would be a step before OpenAI sells shares to the public.
Investors are keen to put more money into the maker of ChatGPT ahead of a planned stock market listing next year. OpenAI did not comment on the report.
OpenAI raised $122 billion in March at an $852 billion valuation. That round was meant to be its last private one before going public. But CEO Sam Altman has now said there will be no public debut in 2026, because he wants to focus on AI safety first.
Revenue has grown fast. A new focus on coding helped push run-rate revenue up 70 percent since July, to $40 billion in August. A bridge round like this helps the company wait for a better market.
ChatGPT is used by millions of people and businesses. The choices OpenAI makes about money and safety shape what tools we get and how much they cost.