OpenAI reportedly in talks to raise $30B round at $1.4T valuation

OpenAI is negotiating a $30 billion funding round at a $1.4 trillion valuation to support its upcoming IPO. The company’s run-rate revenue reached $40 billion in August, marking a 70% increase since July. CEO Sam Altman delayed the public debut until at least 2026 to prioritize long-term AI safety research.