Tech Brew Ride Home · Friday, October 23, 2026
OpenAI is finalizing a bridge funding round of up to $30 billion led by investors from the UAE and CO2, valuing the company at $1.25 trillion. This marks a decrease from the $1.4 trillion valuation previously pitched to investors as the company targets an initial public offering in the first half of 2027.
“Sources say OpenAI is finalizing an up to $30 billion round led by investors from the UAE and CO2 at a $1.25 trillion pre-money valuation as what they are calling an opportunistic bridge round ahead of an IPO.”