OpenAI Plans $30B Funding at $1.4T Valuation

According to people familiar with the matter, OpenAI is planning to raise at least $30 billion in a new funding round, seeking a valuation of approximately $1.4 trillion, excluding previously raised capital. The financing discussions are still at an early stage, and the terms could change. The round is expected to be largely investor-led.

The proposed financing could serve as bridge funding, providing OpenAI with additional capital as an alternative to an initial public offering (IPO).

OpenAI completed a major funding round in March, securing $122 billion in committed capital at a valuation of $852 billion. The company has continued to expand its investment in artificial intelligence infrastructure and computing resources, supporting the development and deployment of increasingly advanced AI systems.

Earlier this month, OpenAI CEO Sam Altman said the company would not go public in 2026, citing safety concerns related to artificial intelligence.

OpenAI's annualized revenue has now approached $70 billion, representing growth of more than 70% since the beginning of the third quarter. The rapid increase in revenue highlights the continued expansion of demand for AI-related computing, data-center infrastructure, and semiconductor technologies.