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OpenAI reportedly seeks $30 billion at a $1.4 trillion valuation
The round is still an intention, not a signed deal; after delaying its IPO, OpenAI is turning to private markets for cash.
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Semafor reported on September 30, citing Bloomberg, that OpenAI aims to raise $30 billion in a new funding round at a $1.4 trillion valuation; the Bloomberg report is dated September 29.
This is a reported intention, not a signed or completed deal; terms and participants are unconfirmed. OpenAI has already said it would delay its stock market debut.
Smart-ring maker Oura and SoftBank-backed SB Energy have also delayed their IPOs, and Semafor notes the year-end IPO window is cooling, pushing large AI companies toward private funding.