# OpenAI working on new $30B raise at $1.25T valuation ahead of IPO

> **Publication**: aitalky (Independent AI Journalism)
> **Canonical Citation URL**: https://aitalky.vercel.app/news/openai-working-on-new-30b-raise-at-1-25t-valuation-ahead-of-ipo
> **Original Source**: [TechCrunch AI](https://techcrunch.com/2026/10/22/openai-working-on-new-30b-raise-at-1-25t-valuation-ahead-of-ipo/)
> **Author**: Julie Bort (undefined)
> **Published Date**: Thursday, October 22, 2026
> **Category**: INDUSTRY
> **Tags**: AI, TechCrunch AI, industry

## Executive Summary
Should OpenAI command an over $1 trillion valuation with this round, it would break records as the most highly valued private company ever



## Full Coverage
OpenAI is reportedly close to securing another mega round of private funding, rather than plowing ahead with an IPO. The AI lab is working on raising up to $30 billion at a $1.25 trillion pre-money valuation in a round led by Coatue and investors in UAE, sources told CNBC

This follows a similar report by Bloomberg a month ago which said the AI lab was working on raising $30 billion at a $1.4 trillion valuation. Terms are still being negotiated, both outlets report, so they could ultimately change. CNBC reports that the UAE funding could also be coupled with a deal to secure more computing capacity for OpenAI from the UAE, too. OpenAI declined comment

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