OpenAI is reportedly in talks to raise approximately $30 billion in new funding at a valuation of $1.4 trillion, according to a Bloomberg News report. The figures were also relayed by Reuters and CNA, both citing Bloomberg's reporting.
TechCrunch reported that the round is expected to be OpenAI's last before its public debut, which has been delayed to 2027.
Separately, Axios reported that OpenAI's annual recurring revenue is nearing $70 billion, citing sources familiar with the company's financials. Axios said the company's annualized revenue run rate has grown more than 70% since the start of the third quarter, with business-to-business revenue growing more than 100% over the same period, and that OpenAI added more consumer revenue in the third quarter than during all of 2025.
MarketWatch reported that Wall Street has responded positively to AI stocks, including Oracle's, as OpenAI approaches a revenue milestone, though it did not specify the same $70 billion figure cited by Axios.
How each side covered it
Left
- Bloomberg reported OpenAI is targeting $30 billion in new funding at a $1.4 trillion valuation.
“OpenAI Targets $30 Billion in New Funding at $1.4 Trillion Value” — Bloomberg
Center
- TechCrunch and Reuters/CNA relayed Bloomberg's reporting on the $30 billion round and $1.4 trillion valuation.
- TechCrunch noted the round is expected to be OpenAI's last before its 2027 public debut.
- Axios reported OpenAI's annual recurring revenue is nearing $70 billion, citing sources familiar with its financials.
- MarketWatch linked OpenAI's progress toward a revenue milestone to a positive market reaction for AI stocks like Oracle.
“OpenAI's annual recurring revenue is nearing $70 billion, as enterprise sales more than doubled since July” — Axios
Questions readers ask
What did OpenAI reportedly announce?
According to a Bloomberg News report cited by multiple outlets, OpenAI is in talks to raise about $30 billion in new funding at a valuation of $1.4 trillion.
When might OpenAI go public?
TechCrunch reported that OpenAI's public debut has been delayed to 2027, and that the new funding round is expected to be its last before that debut.
How much revenue does OpenAI reportedly generate?
Axios reported, citing sources familiar with the company's financials, that OpenAI's annual recurring revenue is nearing $70 billion, driven by enterprise sales that more than doubled since July.
Why does this matter for other companies like Oracle?
MarketWatch reported that Wall Street has reacted positively to AI-related stocks, including Oracle's, as OpenAI moves closer to a reported revenue milestone.
Sources · 6 outlet reports
- BloombergLeft-leaningOpenAI’s Annualized Revenue Nears $70 Billion, Axios Says
- AxiosCenterScoop: OpenAI's annual recurring revenue nears $70B
- CNACenterOpenAI's annual recurring revenue nears $70 billion, Axios reports
- MarketWatchCenterGood news for OpenAI is great news for Oracle’s stock — here’s why
- ReutersCenterOpenAI's annualized recurring revenue nears $70 billion, source says
- TechCrunchCenterOpenAI repotedly in talks to raise $30B round at $1.4T valuation