OpenAI reportedly negotiating up to $30B raise at $1.25T pre-money valuation ahead of IPO
OpenAI is reportedly working on a private funding round of up to $30 billion at a $1.25 trillion pre-money valuation, led by Coatue and investors in the UAE, according to sources cited by CNBC. An earlier Bloomberg report put the figure at $1.4 trillion, and terms are still under negotiation. The UAE funding may be paired with a deal to s…