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Thursday, October 22, 2026Updated 23:35 UTC

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

Source: CNBC · Oct 22, 2026 20:41 UTC

Wall Street in New York's Financial District with flags hanging from buildings — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

OpenAI is close to finalizing a new funding round that is meant to be a bridge to its 2027 IPO, sources familiar with the matter tell CNBC.

Read the full story at CNBC

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