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Sources: OpenAI nears an up to $30B round led by investors from the UAE and Coatue at a $1.25T pre-money valuation, as an "opportunistic" bridge ahead of an IPO (Kate Rooney/CNBC)

techmeme.com

OpenAI is nearing a funding round of up to $30B led by investors from the UAE and Coatue at a $1.25T pre-money valuation, described as an opportunistic bridge ahead of an IPO.

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Key sources

  1. SOURCE@cnbc“OpenAI nears up to $30 billion funding round at $1.25 trillion valuation led by UAE investors”x.com
  2. SUPPORT@iponewsroom_“OpenAI has already filed confidentially to go public, and CFO Sarah Friar has told employees a listing will likely come in 2027”x.com
  3. SUPPORT@edzitron“Dubai made clammy sammy drop the valuation”x.com
  4. SUPPORT@zerohedge“racing to secure investor commitments before Anthropic's expected IPO in mid-November”x.com
  5. SUPPORT@negligible_cap“could value the ChatGPT maker at over $1.4 trillion, according to two people familiar with the matter”x.com
  6. SUPPORT@amanda_goodall“UAE funds have been discussing as much as $10B together for this round”x.com
  7. SUPPORT@amanda_goodall“In frontier models, that's Anthropic and OpenAI”x.com
  8. SUPPORT@rohanpaul_ai“OpenAI wants commitments before Anthropic’s filings invite side-by-side comparisons”x.com
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