Overview
- Reporting from Bloomberg reproduced by multiple outlets says OpenAI is in talks to raise roughly $30 billion at an approximately $1.4 trillion pre-money valuation, but the financing has not been confirmed by the company.
- The proposed syndicate is said to include several UAE investment funds, including Abu Dhabi’s MGX potentially committing up to $10 billion, with BlackRock and existing backers discussed as possible participants.
- If completed, the target valuation would mark a sharp rise from the roughly $852 billion figure tied to OpenAI’s March financing and reflects renewed private appetite for big AI bets.
- Sources say OpenAI is pitching the $1.4 trillion price as essentially fixed rather than running a typical competitive process, and the company has delayed an IPO to focus on AI-safety work.
- A large private round like this could reshape OpenAI’s path to market by postponing a public listing, altering governance and investor influence, and underscoring growing Middle East and institutional capital flows into AI infrastructure.