OpenAI Cuts Valuation Target to $1.25 Trillion in New $30 Billion Funding Round
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OpenAI is pursuing a $30 billion funding round at a $1.25 trillion pre-money valuation, which would establish a record for the most valuable private company if completed. The artificial intelligence company, led by CEO Sam Altman, has informed investors it seeks signatures by late October 2026, with lead investors Coatue and sovereign wealth funds from the United Arab Emirates backing the round.
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