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

First reported 22 Oct, 20:41 UTCSource: CNBC TechnologyLast editorial activity 22 Oct, 20:16 UTCWrite a comment ↓

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What happened

OpenAI is close to finalizing a new funding round that is meant to be a bridge to its 2027 IPO (the sale of a company’s shares to the public on a stock exchange), sources familiar with the matter tell CNBC. OpenAI is an artificial intelligence company based in San Francisco, founded in 2015.

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Sources & evidence

CNBC Technology Reporting source
OpenAI nears up to $30 billion funding round at $1.25 trillion valuation led by UAE investors ↗
https://www.cnbc.com/2026/10/22/openai-funding-round-uae-investors.html

What happened

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