OpenAI reportedly in talks to raise $30B round at $1.4T valuation | TechCrunch –:–:–:– Last day to demo your breakthrough to 10,000+ tech leaders is on Oct 2 . Book Exhibit Table Now. Disrupt ticket savings of up to $200 + 50% off a second ends Sept 25, 11:59 p.m. PT. REGISTER HERE. Close TechCrunch Desktop Logo TechCrunch Mobile Logo Latest Startups Venture Apple Security AI Apps Disrupt 2026 Events Podcasts Newsletters Search Submit Site Search Toggle Mega Menu Toggle Topics Latest AI Amazon Apps Biotech & Health Climate Cloud Computing Commerce Crypto Enterprise EVs Fintech Fundraising Gadgets Gaming Google Government & Policy Hardware Instagram Layoffs Media & Entertainment Meta Microsoft Privacy Robotics Security Social Space Startups TikTok Transportation Venture More from TechCrunch Staff Events Startup Battlefield StrictlyVC Newsletters Podcasts Videos Partner Content TechCrunch Brand Studio Contact Us In Brief Posted: 12:52 PM PDT · September 29, 2026 Image Credits: Kyle Grillot/Bloomberg / Getty Images Marina Temkin OpenAI reportedly in talks to raise $30B round at $1.4T valuation OpenAI is in talks with investors to raise at least $30 billion in a pre-IPO funding round at a valuation of roughly $1.4 trillion, Bloomberg reported on Tuesday. Investors are eager to pour more funds into the ChatGPT maker ahead of its anticipated public market debut next year. While Anthropic momentarily outpaced OpenAI at the start of the year, recent strategic refocus on key areas like coding has fueled a 70% jump in run-rate revenue since July, reaching $40 billion in August, according to the report. The company previously raised $122 billion in March at an $852 billion valuation. That funding round was supposed to be its last private raise before an IPO, which had been, until recently, expected to take place this year. However, CEO Sam Altman has now ruled out a public debut in 2026 to prioritize AI safety first. “I think it is unacceptable to be taking like a 10% chance of killing everybody by the end of the decade,” he recently told Fortune, in response to warnings from safety researchers about AI posing an existential risk to humanity. The new fundraising, if it transpires, will serve as a bridge round to the IPO, according to Bloomberg. OpenAI didn’t respond to TechCrunch’s request for comment. Topics AI , In Brief , IPO , OpenAI October 13 – 15 San Francisco Get 50% off a second pass The Disrupt experience is meant to be shared. Get your pass and bring a colleague, partner, or peer at 50% off. Cover more ground by making connections, building momentum, and discovering what’s next in the startup ecosystem. BOOK NOW Newsletters See More Subscribe for the industry’s biggest tech news TechCrunch Daily News Every weekday and Sunday, you can get the best of TechCrunch’s coverage. TechCrunch Mobility TechCrunch Mobility is your destination for transportation news and insight. Startups Weekly Startups are the core of TechCrunch, so get our best coverage delivered weekly. StrictlyVC Provides movers and shakers with the info they need to start their day. No newsletters selected. Subscribe By submitting your email, you agree to our Terms and Privacy Notice . Related AI OpenAI takes on Microsoft with the launch of what feels a whole lot like ChatGPT’s own office suite Lucas Ropek 21 hours ago AI OpenAI launches Dots, its bubbly agentic avatar Lucas Ropek 22 hours ago AI Nvidia launches new platform for reining in rogue AI agents Kirsten Korosec 2 days ago Latest in AI AI Cerebras Systems’ Andrew Feldman on whether AI can keep scaling at TechCrunch Disrupt 2026 TechCrunch Events 41 minutes ago Startups Restate lands $20M as the need for durable infrastructure increases with AI agents Marina Temkin 44 minutes ago TechCrunch Disrupt 2026 3 days left to exhibit: Turn visibility into your next opportunity at TechCrunch Disrupt 2026 TechCrunch Events 56 minutes ago X LinkedIn Facebook Instagram youTube Mastodon Threads Bluesky TechCrunch Staff Contact Us Advertise Site Map Terms of Service Privacy Policy RSS Terms of Use Code of Conduct OpenAI Hugging Face Flock Startup Battlefield Disrupt 2026 Tech Layoffs ChatGPT © 2026 TechCrunch Media LLC.