TechCrunch Follow OpenAI working on new $30B raise at $1.25T valuation ahead of IPO Should OpenAI command an over $1 trillion valuation with this round, it would break records as the most highly valued private company ever. https://techcrunch.com/2026/10/22/openai-working-on-new-30b-raise-at-1-25t-valuation-ahead-of-ipo/ techcrunch.com