Artificial Intelligence
OpenAI seeks $30 billion funding round
OpenAI planned to raise at least $30 billion in a new round after delaying an initial public offering, with sources saying the company targeted a pre-money valuation of about $1.4 trillion.
- Bloomberg reported that OpenAI planned to raise at least $30 billion from investors in a new funding round.
- The company was targeting a valuation of around $1.4 trillion, excluding the new capital.
- The fundraising talks were described as early stage and subject to change.
- OpenAI said on Tuesday that it would not release GPT-6.1 Astra because the system did not meet its internal safety standards.
Bloomberg reported that OpenAI planned to raise at least $30 billion after delaying its initial public offering plans. The report said the round was being discussed as a bridge to give the company capital instead of an IPO.
The targeted valuation was about $1.4 trillion before the new money, according to the report. Bloomberg also said the round would leave OpenAI above Anthropic's most recent private market valuation.
The fundraising talks were said to be in early stages, and the report said investor demand was driving them. OpenAI had last raised $122 billion in March at an $852 billion valuation, including the money.
Sam Altman said OpenAI would not pursue a public offering this year while it dealt with concerns about AI safety, which he called an ill-advised time for an IPO. OpenAI also said on Tuesday that it would not release GPT-6.1 Astra because it had not met internal safety standards.
The article said Altman had endorsed a plan by Anthropic's Dario Amodei to slow work on the most advanced AI models and bring in independent evaluators. It also said OpenAI had faced scrutiny over possible catastrophic harm from AI, including cybersecurity breaches.
Named in this story
People
- Sam Altman
- said OpenAI would not pursue a public offering this year
- Dario Amodei
- had a plan endorsed by Altman to slow advanced model development and add independent evaluators
Companies
- OpenAI
- planned a new funding round and delayed its IPO
- Anthropic
- was described as OpenAI's competitor and valuation benchmark
Products and systems
- GPT-6.1 Astra
- was not released because OpenAI said it failed internal safety standards
How the source tells it
The piece was a straight corporate-news report, with limited competitive and safety framing rather than an overt editorial stance.
No emotive framing was found in the original.