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EconomyOpenAI nears funding round of up to $30 billion at $1.25 trillion valuation, led by UAE investors

OpenAI is close to wrapping up a funding round of as much as $30 billion, valuing the company at $1.25 trillion. Sources told CNBC the financing is intended to bridge the company to a 2027 IPO.

OpenAIfunding roundUAE investorsIPO

CCNBC★★★☆☆2026-10-22 20:16Original

OpenAI nears funding round of up to $30 billion at $1.25 trillion valuation, led by UAE investors
OpenAI nears funding round of up to $30 billion at $1.25 trillion valuation, led by UAE investorsEconomy