OpenAI nears up to $30 billion funding round at $1.25 trillion valuation
AIOpenAI is closing in on a funding round of up to $30 billion at a $1.25 trillion valuation, led by UAE investors alongside Coatue, according to people familiar with the deal. The round is positioned as a bridge ahead of a potential IPO, which OpenAI has not dated, and the company is also negotiating more computing capacity from the UAE. Anthropic has confidentially filed for its own IPO and closed a $65 billion round at a $965 billion valuation in May.
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The report places OpenAI's fundraising alongside its IPO timing and Anthropic's pending offering, which helps readers compare the two companies' capital positions.
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CNBC · Technology · cnbc.comPublished · added here
Original title: OpenAI nears up to $30 billion funding round at $1.25 trillion valuation led by UAE investors