OpenAI is negotiating a new funding round of at least $30 billion, a deal that would value the artificial intelligence company at roughly $1.4 trillion, according to Bloomberg.
The reported talks come as the ChatGPT maker pushes back its timeline for an initial public offering.
The $1.4 trillion figure does not include the money being raised, people familiar with the matter said.
The proposed round would serve as a bridge to an IPO and could position OpenAI above rival Anthropic in private market valuation.
Revenue Growth and Investor Demand
Investor demand remains high after OpenAI's run-rate revenue rose 70% since July, reaching $40 billion in August.
That growth was driven by a strategic focus on coding capabilities.
OpenAI previously secured $122 billion in March 2026 at an $852 billion valuation.
That round was initially intended as its final private raise before going public.
Bloomberg had earlier reported that the company was considering a round at a $1.2 trillion valuation.
IPO Delay and Safety Concerns
Although an IPO was previously expected in 2026, CEO Sam Altman ruled out a public debut this year.
He said the decision was to focus on safety concerns surrounding advanced AI models.
"I think it is unacceptable to be taking like a 10% chance of killing everybody by the end of the decade," Altman said.
His statement came in response to warnings from safety researchers about potential existential risks posed by artificial intelligence technology.
OpenAI did not respond to requests for comment regarding the funding negotiations.
