OpenAI seeks $30B bridge round at $1.4T valuation, Bloomberg reports
OpenAI is reportedly seeking at least $30 billion in fresh funding at a ~$1.4 trillion valuation while delaying its IPO beyond 2026.
What happened
At its DevDay 2026 conference in San Francisco on September 29, OpenAI CEO Sam Altman confirmed the company is in early-stage discussions for a potential $30 billion funding round. Bloomberg reports the bridge round would target a pre-money valuation of about $1.4 trillion — which would eclipse OpenAI's $852 billion valuation from a $122 billion funding round completed in March.
Why it matters
The fundraising push comes as OpenAI delays its initial public offering beyond 2026, prioritizing AI safety standards and navigating regulatory concerns. Growing quickly matters for OpenAI's plans to spend tens of billions of dollars on AI data centers and keep pace with rivals such as Anthropic and Meta.
The financing news landed alongside the biggest product news of the day: the launch of Dots, always-on AI agents inside ChatGPT, the GPT-6.1 Sol model at one-fifth of Astra's token price, and a new $500-per-month Pro tier.
Verified September 29, 2026.
Sources:
- https://www.tradingview.com/news/stocktwits:5c2bfd6d5094b:0-openai-launches-ai-agent-dots-while-reportedly-seeking-a-30b-funding-bridge-at-1-4-trillion-valuation/
- https://www.memesita.com/openai-devday-live-updates-ai-lab-unveils-dots-agents-and-is-in-talks-for-new-funding-round/
- https://www.reuters.com/business/openai-takes-meta-with-always-on-dots-agent-enterprise-ai-push-2026-09-29/
Sources
- ReportReuters — OpenAI takes on Meta with always-on Dots agent (2026-09-29) · Sep 29, 2026