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EVENT / TOPICHistorical

OpenAI Adjusts Valuation to $1.25 Trillion in New Funding Round

3 reports3 sources10/23/2026 updated

Current overview (not historical)

AI overview

OpenAI is negotiating a private fundraising round of up to $30 billion, with a valuation set at $1.25 trillion. If successful, this would mark the highest valuation ever for a private company and raise the bar for its upcoming IPO. Earlier reports indicated OpenAI had targeted a $1.4 trillion valuation, but lowered the target to $1.25 trillion, with investors required to commit by October 30. Reports also suggest the UAE may receive additional computing resources as part of the deal. The valuation adjustment aims to address market 'indigestion' and prepare for a potential public offering.

Written with AI from the reporting · updated 10/23/2026

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New at this step ·OpenAI lowers valuation target to secure up to $30 billion in new funding

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Event developments

3 developments
  1. 10/23/2026, 6:56:42 AM

    OpenAI in talks for $30 billion raise at $1.25 trillion valuation ahead of IPO

    TechCrunch · AI

  2. 10/23/2026, 4:45:27 PM

    OpenAI lowers latest funding round valuation target to $1.25 trillion

    BeInCrypto

  3. 10/23/2026, 6:07:36 PM

    OpenAI lowers valuation target to secure up to $30 billion in new funding

    The Decoder

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  1. 1Oct 22, 00:00recorded Oct 23, 06:56single sourcerevised

    OpenAI 计划以1.25万亿美元估值募资30亿美元

    Read original source ↗ TechCrunch · AIReplay this moment in the explorer
  2. 2Oct 23, 00:00recorded Oct 23, 16:45single source

    OpenAI 将估值目标下调至1.25万亿美元

    Read original source ↗ BeInCryptoReplay this moment in the explorer
  3. 3Oct 23, 00:00recorded Oct 23, 18:07single sourcerevised

    OpenAI 调低估值目标以完成30亿美元融资

    Read original source ↗ The DecoderReplay this moment in the explorer

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Independent coverage · 3 reports

  • The Decoder · Oct 23, 17:49
    OpenAI lowers valuation target to secure up to $30 billion in new funding

    OpenAI is pursuing a new funding round of up to $30 billion, led by UAE investors and Coatue, positioning it as a bridge before a potential IPO. The company has lowered its valuation target from an original $1.4 trillion pitch to $1.25 trillion due to weaker demand and some backers experiencing "indigestion" after earlier heavy investments. OpenAI confidentially filed an IPO prospectus with the SEC in June, and CFO Sarah Friar told employees in August that the company would be publicly traded by 2027, though CEO Sam Altman said in September the timing was unfavorable for going public. Competitor Anthropic is targeting a valuation between $1.5 and $2 trillion for its IPO.

    Read original source ↗
  • BeInCrypto · Oct 23, 16:26
    OpenAI lowers latest funding round valuation target to $1.25 trillion

    OpenAI lowered its valuation target for the latest funding round to $1.25 trillion, down from an earlier $1.4 trillion pitch by Morgan Stanley and Dragoneer. Investors have until October 30 to commit. Some investors are waiting to see Anthropic's expected mid-November IPO pricing, as Anthropic has also lowered its IPO valuation target from $2 trillion to around $1.5 trillion due to slowed third-quarter growth. This development occurs amid US tech stock sell-offs, with chip stocks shedding $2 trillion in eight sessions this month, as uncertainty around both IPOs weighs on the market, according to Jimmy Chang of the Rockefeller Global Family Office.

    Read original source ↗
  • TechCrunch · AI · Oct 23, 06:08
    OpenAI in talks for $30 billion raise at $1.25 trillion valuation ahead of IPO

    OpenAI is negotiating a private funding round of up to $30 billion at a $1.25 trillion pre-money valuation, sources say. This would set a new record as the highest valuation ever for a private company. The round is led by Coatue and UAE investors, and may include a deal for additional computing capacity from the UAE.

    Read original source ↗

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Oct 23
  1. The Decoder
    OpenAI lowers valuation target to secure up to $30 billion in new funding

    OpenAI is pursuing a new funding round of up to $30 billion, led by UAE investors and Coatue, positioning it as a bridge before a potential IPO. The company has lowered its valuation target from an original $1.4 trillion pitch to $1.25 trillion due to weaker demand and some backers experiencing "indigestion" after earlier heavy investments. OpenAI confidentially filed an IPO prospectus with the SEC in June, and CFO Sarah Friar told employees in August that the company would be publicly traded by 2027, though CEO Sam Altman said in September the timing was unfavorable for going public. Competitor Anthropic is targeting a valuation between $1.5 and $2 trillion for its IPO.

  2. BeInCrypto
    OpenAI lowers latest funding round valuation target to $1.25 trillion

    OpenAI lowered its valuation target for the latest funding round to $1.25 trillion, down from an earlier $1.4 trillion pitch by Morgan Stanley and Dragoneer. Investors have until October 30 to commit. Some investors are waiting to see Anthropic's expected mid-November IPO pricing, as Anthropic has also lowered its IPO valuation target from $2 trillion to around $1.5 trillion due to slowed third-quarter growth. This development occurs amid US tech stock sell-offs, with chip stocks shedding $2 trillion in eight sessions this month, as uncertainty around both IPOs weighs on the market, according to Jimmy Chang of the Rockefeller Global Family Office.

  3. TechCrunch · AISelected
    OpenAI in talks for $30 billion raise at $1.25 trillion valuation ahead of IPO

    OpenAI is negotiating a private funding round of up to $30 billion at a $1.25 trillion pre-money valuation, sources say. This would set a new record as the highest valuation ever for a private company. The round is led by Coatue and UAE investors, and may include a deal for additional computing capacity from the UAE.

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