OpenAI in talks to raise $30B at $1.4T valuation

September 30, 2026 at 12:52 AM1 min

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OpenAI is in talks with investors to raise at least $30 billion in a pre-IPO funding round at a valuation of roughly $1.4 trillion, Bloomberg reported on Tuesday. The round would serve as a bridge to an anticipated public market debut next year. CEO Sam Altman has ruled out an IPO in 2026 to prioritize AI safety.

Key Facts

OpenAI is in talks to raise at least $30 billion at a valuation of roughly $1.4 trillion, Bloomberg reported on Tuesday.
OpenAI's run-rate revenue reached $40 billion in August, a 70% jump since July.
OpenAI previously raised $122 billion in March at an $852 billion valuation.
CEO Sam Altman has ruled out a public debut in 2026 to prioritize AI safety.

Funding Talks

OpenAI is in discussions with investors to raise at least $30 billion in a pre-IPO funding round at a valuation of roughly $1.4 trillion, according to Bloomberg. The new fundraising, if it transpires, will serve as a bridge round to the IPO. OpenAI did not respond to TechCrunch's request for comment.

Revenue Growth

OpenAI's run-rate revenue reached $40 billion in August, a 70% jump since July, according to the report. The growth follows a strategic refocus on key areas like coding. Anthropic momentarily outpaced OpenAI at the start of the year.

IPO Delay

OpenAI previously raised $122 billion in March at an $852 billion valuation. That funding round was supposed to be its last private raise before an IPO, which had been expected to take place this year. CEO Sam Altman has now ruled out a public debut in 2026 to prioritize AI safety first. Altman told Fortune that taking a 10% chance of killing everybody by the end of the decade is unacceptable.