OpenAI wants a $1.4 trillion price tag without going public yet.
Bloomberg reported on Tuesday that OpenAI is in early talks to raise at least $30 billion. The target valuation is about $1.4 trillion, against $852 billion when it last raised in March. Altman has ruled out a listing this year, so the round would bridge OpenAI to one later.
Why it mattersPrivate money is now covering compute bills that used to need a stock market. It also keeps the biggest AI company's books out of the filings a listing would force.
Read in the app — free, in 9 languages
Related stories
AI must earn $6 trillion a year to pay for its data centres.2026-09-30Anthropic cannot cancel most of a $518 billion computing bill.
2026-09-30OpenAI halved the plan it just put back on sale.
2026-09-30India is staking more on deep tech than it spent in a decade.
2026-09-29Nvidia says Anthropic has booked $180 billion of computing.
2026-09-29