OpenAI Raises $30 Billion Bridge Round Before IPO
4 articles • Started 11 days ago • Last updated 11 days ago
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At a Glance · AI-generated
OpenAI is raising up to $30 billion in a bridge funding round led by UAE investors at a $1.25 trillion valuation, though the company lowered its initial valuation target for the deal. The financing round is intended to sustain operations ahead of a planned initial public offering. The funding represents a significant capital injection as OpenAI prepares for its transition to public markets.
Thursday, October 22, 2026
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Friday, October 23, 2026
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OpenAI lowers valuation target, raises up to $30 billion
The Decoder
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