---
title: "OpenAI Reportedly Seeks $30 Billion at Lower $1.25 Trillion Valuation Amid Lukewarm Investor Sentiment: 'This Time Is a Bit of a Thud'"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/302858299.md"
description: "OpenAI is reportedly seeking $30 billion in fresh funding at a reduced valuation of approximately $1.25 trillion, down from its previous $1.4 trillion target. This adjustment reflects lukewarm investor sentiment amid a tech-stock selloff and competition from Anthropic's upcoming IPO. Key investors like Coatue and UAE funds are leading the round, with a commitment deadline set for October 30. The capital aims to bridge towards a potential public offering in early 2027."
datetime: "2026-10-23T09:35:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/302858299.md)
  - [en](https://longbridge.com/en/news/302858299.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/302858299.md)
generator: "portal-rs"
---

# OpenAI Reportedly Seeks $30 Billion at Lower $1.25 Trillion Valuation Amid Lukewarm Investor Sentiment: 'This Time Is a Bit of a Thud'

**OpenAI** is reportedly seeking about $30 billion in fresh funding at a valuation near $1.25 trillion, reducing its earlier target.

The proposed valuation is nearly 50% above OpenAI’s current $852 billion valuation, but remains below the $1.4 trillion figure previously presented to potential investors during fundraising discussions, The Financial Times reported on Friday.

The lower valuation target comes at a time amid a technology-stock selloff as the broader market questions AI infrastructure returns and financing costs.

**Coatue** and United Arab Emirates funds have discussed leading the round. OpenAI has set an October 30 commitment deadline and could raise less than $30 billion if investor demand falls short, the report noted.

**Morgan Stanley** and San Francisco-based technology investor **Dragoneer** marketed the offering to private wealth clients at the higher valuation. Demand was reportedly softer than during earlier OpenAI financing efforts, according to the report.

"All the prior times \[OpenAI\] have been on there’s been a frenzy. This time is a bit of a thud,” sources told FT.

Some investors also told the publication that they are waiting to see **Anthropic**’s expected initial public offering (IPO) pricing later this year before investing in its rival.

OpenAI is seeking capital as a bridge toward a possible public offering in the first half of 2027, though no date has been established, the report added.

*OpenAI did not immediately respond to Benzinga’s request for comments.*

## OpenAI Rules Out 2026 IPO

OpenAI CEO **Sam Altman** earlier ruled out a 2026 IPO, citing unresolved AI safety and alignment concerns. "Right now would be an ill-advised moment to go public, and we don’t feel pressure on that," he said.

Last month, it was reported that OpenAI was pursuing a nearly $30 billion round at a valuation of about $1.4 trillion while delaying its IPO. The company intended to use the financing as a bridge to additional capital, with investor demand cited as a driver.

Meanwhile, OpenAI’s annualized revenue surpassed $40 billion, nearly doubling from the end of 2025, with President **Greg Brockman** saying the run rate surged more than 20% in July alone.

***Disclaimer*****:** *This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.*

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**