OpenAI reportedly in talks for $30B round at $1.4T valuation, its last before a 2027 IPO
2026-09-29
TechCrunch reports OpenAI is in talks to raise a $30 billion round at a $1.4 trillion valuation, characterized as anticipated to be the company's last private round before its delayed 2027 public debut. This follows a separate Crunchbase report that OpenAI's IPO, which Reuters says was filed confidentially in June, is now looking toward early 2027, while Anthropic aims to go public sooner.
Significance 4: A reported valuation jump of this scale materially shifts the competitive/financial landscape among frontier labs, though it remains an unconfirmed report of talks rather than a closed round.
Implications · machine-drafted, not owner judgment
A $1.4T valuation ahead of a delayed 2027 IPO gives OpenAI a much larger war chest to fund the DevDay platform ambitions (Marketplace, Agents API, Dots) and its compute commitments, while Anthropic is reportedly moving toward a public listing faster — the two leading labs are now on visibly different capital-raising timelines heading into the same competitive window.
- Confirmation the round closes at the reported terms
- Anthropic's actual IPO filing date relative to this OpenAI round
Sources
- press OpenAI reportedly in talks to raise $30B round at $1.4T valuation retrieved 2026-09-30
- press Oura Hits Pause On IPO While Anthropic's Prospectus Reveals The Cost Of Its AI Ambitions retrieved 2026-09-30