TechCrunch
OpenAI working on new $30B raise at $1.25T valuation ahead of IPO
Thursday, October 22, 2026
OpenAI is raising $30 billion at a $1.25 trillion valuation, according to reporting on the fundraising round. If completed at this valuation, OpenAI would become the highest-valued private company on record. The company has not announced a timeline for a public offering.
Original reporting:
