# OpenAI nears up to $30 billion funding round at $1.25 trillion valuation

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

- Source: CNBC · Technology
- Published: 2026-10-22T20:41:37.000Z
- Bad Influence: https://badinfluence.news/items/t6ce258nufhq5kx9p2ozjca1a
- Original: https://www.cnbc.com/2026/10/22/openai-funding-round-uae-investors.html

## Summary

OpenAI 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.

## Why it matters

The report places OpenAI's fundraising alongside its IPO timing and Anthropic's pending offering, which helps readers compare the two companies' capital positions.