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OpenAI seeks $30b in funding at $1.4t valuation: report

OpenAI is reportedly seeking at least US$30 billion in new funding at a roughly US$1.4 trillion valuation.

The early talks could provide bridge financing after CEO Sam Altman said the company would not go public in 2026 while it addresses AI safety concerns.

The funding push comes as OpenAI’s revenue run rate has reportedly topped US$40 billion.

The target valuation would exceed that of rival Anthropic, an AI startup based in the US, which was reportedly valued at US$965 billion after a US$65 billion funding round in May 2026.

OpenAI also faces regulatory scrutiny. The US Federal Trade Commission opened an investigation in 2023 into whether ChatGPT’s data security practices and false outputs harmed consumers.

🔗 Source: Bloomberg

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