OpenAI Nears $1. 25 Trillion Valuation. What That Tells Investors Ahead of a Potential 2027 IPO

While rival Anthropic is preparing to go public as soon as November, OpenAI is on the verge of closing another funding round. The ChatGPT parent is about to raise $30 billion at a valuation of $1. 25 trillion with investors from the United Arab Emirates and Coatue, an investment firm, leading the round. Discussions of a new funding round began in September when OpenAI was approached by investors.