How much is OpenAI seeking to raise?

OpenAI is seeking around $30 billion in a round that might value it at over $1.4 trillion, according to Reuters.

How does the reported valuation compare with March?

The reported valuation of over $1.4 trillion is up from an $852 billion valuation in March.

Has the funding round closed?

No. The talks are still ongoing, so nothing has closed, according to Reuters.

AI Stocks & MarketsAI Business & IndustryYahoo Finance AI4h agoOct 21, 2026, 10:01 JST

OpenAI seeks $30 billion at over $1.4 trillion valuation

Send on LINE

3 Key Points

What happened
OpenAI is seeking around $30 billion in a round that might value it at over $1.4 trillion, Reuters said on Oct. 19, up from an $852 billion valuation in March; talks are ongoing.
Why it matters
The reported round is still unclosed, so the higher valuation is not yet a done deal and remains subject to the ongoing talks, according to Reuters.

Not sure about something? Ask the AI

Questions and answers are published on this page.

Summaries like this, in your inbox every morning.

Get news like this every morning, free

Context & Analysis

OpenAI's reported fundraising comes after a March round that valued the company at $852 billion, so the new talks would mark a step up in valuation if they close. Reuters reported on Oct. 19 that the round is still being discussed, meaning the $30 billion figure and the over $1.4 trillion valuation are not yet final.

The fundraising is placed alongside OpenAI's previously announced computing plans. In 2025, OpenAI announced plans for 26 gigawatts of computing capacity with Nvidia, Advanced Micro Devices, and Broadcom. Reuters also reported that OpenAI is pitching investors on annualized revenue of around $50 billion.

How the round resolves could matter for the chipmakers involved. Nvidia has guaranteed up to $105 billion of obligations at an Ohio data center campus, with the first guarantees not expected to take effect until fiscal 2029. A well-funded OpenAI would lower the odds that guarantee ever costs Nvidia anything, and Broadcom's financing vehicle for OpenAI is described as less settled than its arrangements for Anthropic.

FAQ

How much is OpenAI seeking to raise?: OpenAI is seeking around $30 billion in a round that might value it at over $1.4 trillion, according to Reuters.
How does the reported valuation compare with March?: The reported valuation of over $1.4 trillion is up from an $852 billion valuation in March.
Has the funding round closed?: No. The talks are still ongoing, so nothing has closed, according to Reuters.

Yahoo Finance AIRead Original Article

Send on LINE

AI news that matters for your work, delivered every morning.

Pick your industry and the AI tools you use, and get news related to your work every day.

Get it free

Free · 30 seconds with Google · unsubscribe anytimeWhat is AIToday? →

Ask AI

Ask AI anything about this article. The AI reads this article, earlier AIToday articles, and Wikipedia, and cites its sources. Q&As are published on this page for other readers too.