OpenAI Raises New $30 Billion...IPO This Year Postponed

▲ OpenAI (AI-generated image)

OpenAI is pursuing new investment of at least $30 billion, targeting a corporate valuation of $1.4 trillion. It appears to be securing bridge funding to ensure AI safety, postponing its plans for an initial public offering (IPO) in 2026.

According to cryptocurrency specialized media CoinGape on September 29 (local time), OpenAI is in initial investment negotiations to raise at least $30 billion, valuing the company at $1.4 trillion. This is a super-large round that has significantly increased the company's value by over 60% in just six months since it raised $122 billion at a valuation of $852 billion last March.

This large-scale fundraising is largely characterized as bridge funding replacing an IPO this year. OpenAI CEO Sam Altman drew a line earlier this month, stating that pursuing a listing within 2026 is undesirable to focus on scrutinizing AI safety issues. Consequently, the market views OpenAI's official entry into the stock market as postponed until after 2027.

Steep revenue growth is cited as the background for the astronomical valuation. OpenAI's annualized revenue increased by more than 70% compared to the beginning of the third quarter, approaching $70 billion. The strategy is to first secure ammunition in the private market for aggressive infrastructure expansion and model research and development, as global investors' demand for funds remains robust.

Experts noted that while competitor Anthropic is accelerating its plans for a listing within the year, OpenAI has delayed its listing and opted for private capital. If the private funding is successfully concluded, OpenAI is expected to solidify its market dominance by being recognized with the largest corporate valuation ever in the pre-IPO market.

[Article Key Summary]

-OpenAI has embarked on securing a new bridge round of at least $30 billion, valuing the company at $1.4 trillion.

-CEO Sam Altman postponed the listing this year due to AI safety concerns, delaying the IPO until 2027.

-With annualized revenue approaching $70 billion, it is solidifying its dominant position based on demand from global investors.

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