OpenAI is working on a new $30 billion fundraising round at a $1.25 trillion valuation ahead of an IPO, according to TechCrunch. The Financial Times said documents it had seen showed the company had floated a $1.4 trillion price tag earlier this month.
WHO:OpenAI
WHAT:OpenAI is working on a $30 billion fundraising round at a $1.25 trillion valuation.
WHEN:Reported Oct 22, 2026 at 5:50 PM ET
WHERE:Location not specified
WHY:The fundraising is ahead of an IPO.
Reporting from 2 identified publishers across this event arc.
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