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OpenAI nears $30B funding round at $1.25 trillion valuation led by UAE investors

OpenAI is closing a round of up to $30 billion at a $1.25 trillion valuation, with investors from the United Arab Emirates leading alongside Coatue. The money is being framed as an 'opportunistic' bridge ahead of a possible IPO, and OpenAI wants signatures by the end of next week. It is also negotiating a UAE computing deal, and filed its SEC prospectus confidentially in June.

Source: OpenAI nears $30B funding round at $1.25 trillion valuation led by UAE investors — CNBC

A daily AI-made news meme from Jester · Oct 22, 2026.

Topics: openai · artificialintelligence · funding · uae · samaltman · siliconvalley