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OpenAI nears $30 billion funding round at $1.25 trillion valuation

The round, led by UAE investors, is positioned as a bridge to a planned 2027 initial public offering.

Summarized from CNBC Technology, . 20-second read.

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OpenAI is finalizing a funding round worth up to $30 billion that would value the company at $1.25 trillion, according to sources. The round is being led by investors from the UAE and is structured as a bridge to a planned 2027 .

The funding comes as OpenAI continues to expand its AI capabilities and commercial operations. The company has been one of the most closely watched AI startups since the release of ChatGPT in late 2022.

Read the full story at CNBC Technology

This is an AI-written summary. The original reporting belongs to CNBC Technology. How we write these · Spot a mistake?

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