OpenAI is in early talks to raise $30 billion in new funding at a valuation of roughly $1.4 trillion (excluding the new capital), according to Bloomberg. The company has postponed its initial public offering until 2027, with CEO Sam Altman citing AI safety concerns and the need to adapt to increasingly capable systems without the pressure of being a public company .
The proposed round would follow OpenAI's March 2026 raise of $122 billion at an $852 billion valuation . Infobae notes that negotiations are still preliminary and the final amount could change, with demand driven by investors as the company experiences strong revenue growth . OpenAI's annualized revenue run rate has surpassed $40 billion and increased 70% since July .
Altman stated that going public now would be "unwise" given safety developments, and that the company wants to settle its business model first . Meanwhile, OpenAI is expanding its commercial offerings with an always-on AI agent called Dots and a new $500 subscription tier .
Rival Anthropic is expected to go public in November 2026 with an IPO prospectus outlining plans to spend $518 billion on cloud computing and infrastructure, potentially valuing the company at over $2 trillion . OpenAI's new valuation would surpass Anthropic's last known valuation .