OpenAI is nearing completion of a new round of funding, seeking to raise up to US dollar 30 billion at a pre-money valuation of US dollar 125 billion.

According to CNBC, AI giant OpenAI is nearing completion of a new funding round in preparation for a potential IPO. Sources familiar with the matter said the round carries a pre-money valuation of $1.25 trillion and aims to raise up to $30 billion, co-led by UAE-based investors and investment firm Coatue. OpenAI informed investors on Thursday that it plans to finalize and sign all financing agreements by the end of next week—though the final amount raised remains undetermined. The company has explicitly labeled this round an “opportunistic bridge financing,” positioning it as a key preparatory step ahead of a possible IPO. CFO Sarah Friar previously told employees that the company intends to initiate its public listing process in 2027. Additionally, other sources indicated that OpenAI is negotiating a commercial partnership to secure further computing resources from the UAE. (Jinshi Data App)