# OpenAI reportedly seeks $30B at $1.25T valuation

> OpenAI is reportedly raising up to $30 billion at a $1.25 trillion pre-money valuation.

*Sources told CNBC the raise is led by Coatue, with UAE investors taking part, as OpenAI heads towards a possible IPO.*

By Bez · FeaturedDaily
Canonical: https://featureddaily.com/news/openai-reportedly-seeks-30b-at-1-25t-valuation

**What happened:** OpenAI is working on a new raise of up to $30 billion at a $1.25 trillion pre-money valuation, according to sources who spoke to CNBC. [TechCrunch reported the story](https://techcrunch.com/2026/10/22/openai-working-on-new-30b-raise-at-1-25t-valuation-ahead-of-ipo/) on 22 October.

**The numbers:** Up to $30 billion, at $1.25 trillion before the new money goes in. A month earlier, Bloomberg reported OpenAI was seeking $30 billion at a $1.4 trillion valuation.

**Who's affected:** Coatue is reported to lead the round. Investors from the UAE are also taking part. CNBC says the UAE money could be tied to a deal for more computing capacity for OpenAI.

**Why it matters:** At more than $1 trillion, OpenAI would be the highest-valued private company ever.

**The context:** OpenAI filed confidentially for an IPO in June. Its March raise valued it at $852 billion post-money.

**The rivals:** Anthropic raised $65 billion at a $965 billion valuation in May. It also filed confidentially for an IPO in June. CNBC reports Anthropic is seeking $1.5 trillion to $2 trillion for its debut.

**The catch:** None of this is confirmed. Terms are still being negotiated, so details could change. OpenAI declined to comment.

**What's next:** The raise is not closed. The terms, including the valuation, are still under negotiation.

## Key takeaways

- OpenAI reportedly seeks up to $30B at $1.25T pre-money.
- Coatue reportedly leads; UAE investors also take part.
- Terms are still being negotiated and could change.

## Sources

- [OpenAI working on new $30B raise at $1.25T valuation ahead of IPO](https://techcrunch.com/2026/10/22/openai-working-on-new-30b-raise-at-1-25t-valuation-ahead-of-ipo/) — TechCrunch, 2026-10-22