The firm behind the ChatGPT chatbot is organizing a new capital raise to extend its runway after postponing a move to public markets. OpenAI is targeting at least $30 billion in new funding at a $1.4 trillion valuation, Bloomberg reports, in negotiations to secure capital to meet operational needs. This fundraising push coincides with a revenue run rate that has topped $40 billion and intensifying competition from rival Anthropic.
The current pursuit of funds follows a $122 billion raise in March that valued the company at $852 billion. Sources describe the current talks as being in the early stages and meant to serve as a bridge to an eventual initial public offering, though prediction markets like Kalshi now estimate only a 50% chance of a listing before June 2027.
Key sources
- SOURCEmarketbrief.now
- SOURCEhuggingnewshuggingnews.com
- SOURCE@edludlow“OpenAI is in talks to raise at least $30 billion at a $1.4 trillion valuation as a sort of bridge to IPO”x.com
- SUPPORT@firstadopter“The demand for the round is being led by investors, one person said”x.com
- SUPPORT@kalshi“50% chance they IPO before June 2027”x.com
- SUPPORT@rohanpaul_ai“annualized run rate is nearing $70B, up more than 70% since the quarter began”x.com
- SUPPORT@edzitron“OpenAI spent $12.1 billion on compute in Q1 2026”x.com
- SUPPORT@bulltheoryio“Anthropic wants $2 trillion on $4.6 billion in revenue”x.com