Oct 22 2026
OpenAI seeks up to $30 billion at a $1.25 trillion pre-money valuation, below its $1.4 trillion pitch
MONEY
Original reporting
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Coatue leads with UAE investors; commitments due October 30th. The FT reported demand softer than earlier raises and a target cut from $1.4 trillion after investor resistance. OpenAI was valued at $852 billion after its $122 billion March round.
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OpenAICoatue
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