# OpenAI reportedly negotiating a $30 billion round at a $1.25 trillion valuation

- Published: 2026-10-22T22:08:24.000Z
- Updated: 2026-10-23T10:05:51.081Z
- Section: Market
- Topics: Business
- Page: https://aidailyjournal.com/en/n/2026/10/22/openai-reportedly-negotiating-a-30-billion-round-at-a-1-25-trillion-valuation/
- Sources: [TechCrunch](https://techcrunch.com/2026/10/22/openai-working-on-new-30b-raise-at-1-25t-valuation-ahead-of-ipo)

## Summary

OpenAI is reportedly close to raising up to $30 billion in a private round led by Coatue and investors from the UAE, at a $1.25 trillion pre-money valuation, according to sources cited by CNBC and reported by TechCrunch. The terms are still being negotiated. CNBC also reported that the UAE funding could be combined with a deal to expand OpenAI’s computing capacity in the country. The company declined to comment.

The report follows a Bloomberg account from a month earlier that put the potential round at $30 billion and the valuation at $1.4 trillion. OpenAI filed confidential IPO paperwork in June, after a March round valued it at $852 billion post-money. If the new round exceeds $1 trillion, the company could become the most valuable private company on record and raise expectations for its public offering.

## Why it matters (editorial interpretation)

If completed on the reported terms, the round would underscore the financial scale attributed to OpenAI and could link fundraising to expanding its computing capacity in the UAE. The difference between the reported valuations also highlights that the terms remain under negotiation, while the company declined to comment.

_Summary written by AI Daily Journal in its own words, based on the sources above. For details, read the original articles._