OpenAI Targets $30 Billion Funding Round at $1.4 Trillion Valuation Following SoftBank and Nvidia Commitments

OpenAI has reportedly begun discussions to raise an additional $30 billion in a new funding round targeting a pre-money valuation of approximately $1.4 trillion.
The capital-raising effort follows the completion of final $10 billion installments by both $NVDA and SoftBank toward their respective $30 billion commitments for OpenAI's prior $122 billion funding round, which valued the company at $852 billion.
SoftBank's cumulative investment in OpenAI has now reached $64.6 billion, securing the conglomerate a roughly 13% ownership stake.
The new financing talks arrive as OpenAI experiences accelerated growth, with annualized revenue reportedly approaching $70 billion, while the firm evaluates its timeline for a future public market debut.