OpenAI Seeks $30 Billion at $1.4 Trillion Valuation

OpenAI is seeking to raise $30 billion in a new funding round that would value the company at $1.4 trillion, according to a report carried by Yahoo Finance Canada.

The figure, if confirmed, would make the round one of the largest private capital raises on record and would push OpenAI's valuation beyond the trillion-dollar mark for the first time.

The report does not name the investors OpenAI has approached. It also does not specify a timeline for closing the round.

A $1.4 trillion valuation would represent a dramatic step up from the $300 billion valuation OpenAI reached in its previous funding round, which closed in March 2025 and was led by SoftBank.

Investor demand for exposure to frontier AI developers has intensified over the past year, driven by rapid adoption of OpenAI's products and the capital requirements of training next-generation models. Rivals including Anthropic and xAI have also raised multi-billion-dollar rounds at escalating valuations.

OpenAI has not publicly commented on the reported raise. The company continues to spend heavily on computing infrastructure, including its involvement in the Stargate data center project announced in January 2025.

If the round completes at the reported terms, OpenAI would join a small group of private companies valued above $1 trillion, a threshold previously crossed only by SpaceX among venture-backed firms.

The reported raise signals that private markets expect OpenAI's revenue growth to keep outpacing its enormous compute costs — and that investors are willing to underwrite that bet at a valuation once reserved for the world's largest public companies.