OpenAI reportedly in talks to raise $30B round at $1.4T valuation
- ID
- 30072
- Status
- summarized
- Published
- 30 Sep 2026, 3:52 AM
- Fetched
- 30 Sep 2026, 8:25 AM
- Provider
- TechCrunch
- Category
- technology
- Original URL
- https://techcrunch.com/2026/09/29/openai-reportedly-in-talks-to-raise-30b-round-at-1-4t-valuation/
- Source URL
- https://techcrunch.com/feed/
Summary
- Score
- 4.0
- Created
- 30 Sep 2026, 8:25 AM
- Tags
- Audience
- foundersdevelopersai_ml_learners
What happened
Bloomberg reported that OpenAI is in talks to raise at least $30B in a pre-IPO round at roughly a $1.4T valuation, a bridge to an eventual public listing. The report says a refocus on coding drove run-rate revenue up 70% since July to $40B in August, after OpenAI raised $122B in March at an $852B valuation. CEO Sam Altman has ruled out an IPO in 2026, saying it is 'unacceptable to be taking like a 10% chance of killing everybody by the end of the decade.'
Why it matters
Nothing here changes what you build this week — there is no product, API, price, or model change, and OpenAI did not comment, so every number is a single-source Bloomberg report. The one figure worth tracking is the $40B August run-rate, because a company growing 70% in a month on coding workloads is the clearest signal yet that AI coding tools are where the money is, which is where Malaysian SaaS and dev-tool builders should expect the most competition and the fastest-dropping prices.
Discussion angle
OpenAI is reportedly raising a bridge round instead of IPOing in 2026 — if frontier labs stay private this long, does that help or hurt Southeast Asian builders who depend on their API pricing staying predictable?