OpenAI Approaching Completion of a New Round of Financing, Valued at $1.25 Trillion
2026-10-23 04:34:37
According to CoinMeta, as reported by CNBC, the artificial intelligence giant OpenAI is nearing the completion of a new round of financing to pave the way for potential IPO in the future. Sources familiar with the matter revealed that OpenAI is seeking a pre-investment valuation of $1.25 trillion and aims to raise up to $30 billion in funds. Investors from the United Arab Emirates are leading this round of financing alongside investment firm Coatue. OpenAI stated to investors on Thursday that the company plans to finalize the signing of relevant agreements by the end of next week, although the final scale of this round of financing is still being determined. OpenAI is positioning this financing as an “opportunity bridge financing” ahead of a potential IPO. Chief Financial Officer Sara Fleer indicated that the company may go public in 2027. Meanwhile, OpenAI is also in negotiations over a business agreement, aiming to obtain more computing power resources from the United Arab Emirates.
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Source:CNBC
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