OpenAI is reportedly negotiating a funding round that could raise nearly $30 billion at a valuation of approximately $1.25 trillion. The transaction, highlighted in social media reports, would give the company additional capital to compete with Anthropic and attract institutional and sovereign-wealth investors. It follows a financing round in March that valued OpenAI at $852 billion. An official confirmation, along with possible support from SoftBank and MGX, could influence the timeline for a future initial public offering targeted before December 2026.
Source: Read the original article


