EventBusinessSeptember 29, 2026

OpenAI seeks $30B at $1.4T valuation ahead of 2027 IPO

Read original source →techcrunch.com

OpenAI is in talks to raise at least $30 billion at roughly a $1.4 trillion valuation, excluding new capital, per Bloomberg. The round is a bridge to a delayed 2027 IPO; run-rate revenue hit $40 billion in August, up 70% since July.

People · Sam Altman

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