EventBusinessSeptember 29, 2026

OpenAI in talks to raise $30B at $1.4T valuation

Read original source →techcrunch.com

OpenAI is negotiating a pre-IPO round of at least $30B at roughly $1.4T, with UAE funds including Abu Dhabi's MGX and BlackRock in discussions to anchor. Run-rate revenue hit $40B in August, up 70% since July, after a March raise of $122B at an $852B valuation.

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9 days · 7 reports · 1 community post · 8 of 9 shown

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