Funding & VC

OpenAI Targets $30 Billion Raise at $1.4 Trillion Valuation

OpenAI is seeking $30 billion in a new funding round at a $1.4 trillion valuation, a report says, in what would be a record for a private company.

By Amara Osei

2 min read

Updated

OpenAI seeks $30 billion in new funding round at $1.4 trillion value - report - Yahoo Finance Australia
OpenAI seeks $30 billion in new funding round at $1.4 trillion value - report - Yahoo Finance AustraliaAI-generated

What's News

  • OpenAI is seeking $30 billion in a new funding round, a report says.
  • The round would value OpenAI at $1.4 trillion.
  • The report, carried by Yahoo Finance Australia, did not name investors or a closing timetable.

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

The figure, if confirmed by a final close, would set a record for a private-market financing. No private company has previously attracted a valuation of that scale, and the round would rank among the largest single capital raises ever attempted in the technology sector.

The report did not name the investors OpenAI has approached, specify the stage of the negotiations, or state a expected timetable for closing the round. OpenAI has not publicly commented on the figures.

A $1.4 trillion valuation would place the ChatGPT maker in the same bracket as the world's largest listed technology groups. It would also mark another steep step up in the company's perceived worth, extending a run of funding rounds in which investors have repriced OpenAI upward at a pace with few precedents in private markets.

The $30 billion cash component is the other number that stands out. Raising that amount in a single round would give OpenAI fresh ammunition for the capital-intensive parts of its business, from computing capacity to model training, at a time when rivals are competing aggressively for the same chips, data centers and engineering talent.

For investors, the terms frame a straightforward wager: that demand for frontier AI models and the products built on top of them will keep growing fast enough to justify a valuation more commonly associated with mature, cash-generating giants.

Until OpenAI or its backers confirm the round's final size and structure, the numbers remain a report rather than a signed deal. But the scale of the figure signals where the market now believes the ceiling for AI assets lies — and how much capital is prepared to chase it.

Source: GN: Startup IPO

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Amara Osei

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Senior reporter covering consumer brands and retail at Business Bearings.

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