OpenAI negotiating $30B raise at $1.4T pre-money as revenue surges
OpenAI is negotiating at least $30 billion in new funding at a target pre-money valuation of $1.4 trillion, Bloomberg reports. The talks come as the company reported an annualized revenue rate of roughly $50 billion at the end of September (Financial Times) amid rapid enterprise growth, product launches such as GPT-6.1-Sol and rising usage metrics shared at DevDay.