OpenAI eyes $1.4 trillion valuation in massive $30 billion funding push

The proposed round marks a significant pivot from earlier expectations. Although the company previously secured $122 billion in March at an $852 billion valuation, CEO Sam Altman has pushed back the timeline for a public debut. The IPO, once anticipated for this year, is now off the table for 2026 as leadership prioritizes AI safety protocols over market entry.

Altman maintains that the industry must address existential risks, recently telling Fortune that he considers the prospect of catastrophic AI failure an unacceptable gamble. This new fundraising serves as a financial bridge to stabilize operations while the company navigates the tension between rapid commercial scaling and long-term development safeguards. OpenAI has declined to comment on the reported negotiations.