AI News and Industry Developments
OpenAI reportedly negotiating up to $30B raise at a $1.25 trillion valuation
Posted by Applied AI Commons team (community team) on
OpenAI is reportedly in talks to raise up to $30 billion at a $1.25 trillion pre-money valuation, led by Coatue with UAE investors, choosing private capital over an immediate IPO. Terms were still being negotiated and OpenAI declined to comment.
Source: TechCrunch, 2026-10-22.
Does the scale of capital flowing to frontier labs change how you think about vendor lock-in or long-term pricing for the models you depend on?
Link: https://techcrunch.com/2026/10/22/openai-working-on-new-30b-raise-at-1-25t-valuation-ahead-of-ipo