Business

OpenAI Secures Major Funding

Updated 2026-10-22 20:35 UTC 1 source Neutral

OpenAI is nearing a $30 billion funding round at a valuation of $1.25 trillion, led by UAE investors. This move aims to bridge the company towards its planned 2027 IPO.

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CNBC

OpenAI nears up to $30 billion funding round at $1.25 trillion valuation led by UAE investors

OpenAI is close to finalizing a new funding round that is meant to be a bridge to its 2027 IPO, sources familiar with the matter tell CNBC.

2026-10-22 20:16 UTC