EventBusinessSeptember 29, 2026

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

Read original source →techcrunch.com

The pre-IPO round is being anchored by UAE funds including Abu Dhabi-based MGX, with BlackRock also in discussions. OpenAI's run-rate revenue jumped 70% since July to $40B in August, after raising $122B in March at an $852B valuation.

People · Sam Altman

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