EventBusinessOctober 22, 2026

OpenAI working on $30B raise at $1.25T valuation ahead of IPO

Read original source →techcrunch.com

Round reportedly led by Coatue and UAE investors, at a $1.25T pre-money valuation, per CNBC; Bloomberg earlier reported $30B at $1.4T. OpenAI filed confidential IPO paperwork in June after a March raise valued it at $852B post-money.

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