OpenAI Seeks Up to $30 Billion at $1.25 Trillion Valuation

Oct 22, 2026
OpenAI is reportedly working to raise up to $30 billion at a $1.25 trillion valuation in a round led by Coatue and investors in the UAE.
OpenAI Seeks Up to $30 Billion at $1.25 Trillion Valuation

OpenAI is working to raise up to $30 billion at a $1.25 trillion pre money valuation, TechCrunch reports, citing CNBC. The round would be led by Coatue and investors in the UAE, with terms still under negotiation.

The latest valuation is below the more than $1.4 trillion figure in a report earlier this week about the planned funding round. Funding from the UAE could also be paired with an agreement that gives OpenAI access to more computing capacity in the country.

OpenAI filed confidential IPO paperwork in June. Its previous funding round in March valued the company at $852 billion after the investment.

We hope you enjoyed this article

Consider subscribing to one of our newsletters like AI Funding Brief or Daily AI Brief.

Also, consider following us on social media:

AI Funding News AI Brief AI Brief (X)
Free newsletter

AI Funding Brief

AI Token Webinar

Industry analysis

2025 Global Business Services Agenda: Gen AI Takes Center Stage

The Hackett Group

This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.

Read more

You may also like

Free, six days a week

Daily AI Brief: the AI news that matters, in your inbox.