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OpenAI is nearing a roughly $30 billion funding round at a $1.25 trillion valuation, led by Coatue and UAE investors, after trimming its target valuation to $1.25 trillion following investor pushback.

Securing about $30 billion of new capital at a $1.25 trillion valuation underwrites OpenAI's multi-year compute commitments, while the trimmed target shows investors are pushing back on AI valuations.
Trade pressSlicast · October 23, 2026 at 15:18 UTC · US · Source: Dealroom
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OpenAI is nearing a roughly $30 billion… · Slicast