OpenAI Seeks $30 Billion in New Funding at $1.4 Trillion Valuation After IPO Delay

OpenAI is targeting at least $30 billion in a new private funding round at a valuation of approximately $1.4 trillion, excluding the money to be raised, according to people familiar with the matter. The move comes after the artificial intelligence startup pushed back its plans for an initial public offering.

The $1.4 trillion target marks a significant step up from the $1.2 trillion figure Bloomberg had previously reported OpenAI was considering, and would vault the company above rival Anthropic's most recent private market valuation. OpenAI was valued at $852 billion in a March 2026 funding round, making the new target a dramatic acceleration in less than a year.

The fresh capital raise underscores OpenAI's continued appetite for large-scale funding as it delays a public market debut, opting instead to remain private while securing substantial investment to fund its operations and AI development ambitions.