---
title: "OpenAI reportedly seeks $30B at $1.25T valuation before IPO"
url: https://www.parallelquant.com/posts/openai-reportedly-seeks-30b-at-1-25t-valuation-before-ipo-9c51a2
source_name: "TechCrunch"
source_url: https://techcrunch.com/2026/10/22/openai-working-on-new-30b-raise-at-1-25t-valuation-ahead-of-ipo/
published: 2026-10-22T22:08:24.000Z
topics: ["business", "llms"]
publisher: "Parallel Quant"
---

# OpenAI reportedly seeks $30B at $1.25T valuation before IPO

*2026-10-22 · Source: [TechCrunch](https://techcrunch.com/2026/10/22/openai-working-on-new-30b-raise-at-1-25t-valuation-ahead-of-ipo/)*

OpenAI is working on a new $30 billion funding round at a valuation of about $1.25 trillion, ahead of a planned IPO. If completed, it would make OpenAI the most highly valued private company ever.

**Why it matters:** A round at this scale signals how much capital frontier labs need for compute, and it sets a pricing benchmark for Anthropic and others heading toward public markets. Combined with reports of Anthropic's compute-financing talks and distressed neocloud debt, it shows AI funding is concentrating in a few labs while weaker infrastructure players come under strain.

**Topics:** business, llms

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Read the original: https://techcrunch.com/2026/10/22/openai-working-on-new-30b-raise-at-1-25t-valuation-ahead-of-ipo/
Canonical: https://www.parallelquant.com/posts/openai-reportedly-seeks-30b-at-1-25t-valuation-before-ipo-9c51a2
Published by Parallel Quant — https://www.parallelquant.com