GoKawiilOpenAI nears $30 billion raise at $1.25 trillion valuation led by UAE investors
OpenAI is finalizing a funding round of up to $30 billion that would value the company at $1.25 trillion, excluding the new capital, according to people familiar with the matter. UAE-based investors and Coatue are leading the round, which is being described as a bridge financing ahead of a possible IPO, with signatures targeted by the end of next week.
GoKawiil's interpretation of the reporting above, not reported fact.
The deal would cement OpenAI as one of the most valuable private companies ever, and the involvement of UAE investors alongside a parallel computing-capacity deal suggests the company is tying fresh capital to its massive compute ambitions, reportedly around $600 billion by 2030. The timing also places OpenAI in a race with rival Anthropic, which is pursuing its own IPO at a reported $1.5-2 trillion valuation, hinting at an intensifying capital competition among leading AI labs.
- OpenAI is raising up to $30 billion at a $1.25 trillion valuation led by UAE investors and Coatue.
- The round is described as an opportunistic bridge financing ahead of a potential IPO, with OpenAI confidentially filing with the SEC in June.
- OpenAI is also negotiating a separate deal for UAE computing capacity as it targets roughly $600 billion in compute spend by 2030.
Source: cnbc.com — Kate Rooney Ashley Capoot, 2026-10-22
Published there as: “OpenAI nears up to $30 billion funding round at $1.25 trillion valuation led by UAE investors”
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