OpenAI reportedly seeks $30 billion as IPO moves to 2027 at earliest

OpenAI is reportedly seeking another $30 billion from investors. The proposed round could value OpenAI at $1.4 trillion. Bloomberg reported Tuesday, citing people familiar with the matter, that the talks are in their early stages and driven by investor demand. The proposed valuation would be roughly 64% higher than OpenAI's $852 billion valuation in March. OpenAI raised $122 billion in March. OpenAI has pushed its public debut to 2027 at the earliest. CEO Sam Altman said earlier this month that going public in 2026 would be ill-advised as the company focuses on AI safety. OpenAI confidentially filed IPO paperwork with the US Securities and Exchange Commission in June. Altman also spoke before the United Nations Security Council earlier this month about risks from increasingly powerful AI systems. Rival Anthropic plans to go public this year in an IPO that could value it at more than $2 trillion.