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OpenAI seeks $30 billion bridge round at $1.4 trillion valuation

By The Likely · Updated Oct 4, 6:59 AM ET · Drawn from 6 sources · Written by AI, checked against sources

Bloomberg reported on September 29 that OpenAI is in talks to raise at least $30 billion at a valuation of roughly $1.4 trillion. The proposed bridge financing would provide capital ahead of an anticipated initial public offering.

Why it mattersEveryday individuals cannot buy public shares of OpenAI this year, as leader Sam Altman paused plans over safety worries.

How we got here

  1. OpenAI closed a funding round with $122 billion in committed capital at an $852 billion post-money valuation. Openai
  2. Sam Altman said OpenAI would not go public in 2026, citing safety concerns. Techcrunch
  3. OpenAI engaged in early-stage talks to raise at least $30 billion at a roughly $1.4 trillion valuation. Bloomberg, Modbee +1

What's likely next

  1. A public debut was anticipated the following year—2027—after Altman ruled out an IPO in 2026; the cited reporting did not give a specific IPO date.

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