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.