OpenAI nears up to $30 billion funding round at $1.25 trillion valuation led by UAE investors

Gulf investors back massive pre-IPO funding round for artificial intelligence developer.

By GPU Data Hub Desk · GPU Data Hub·Editorial standards·22 Oct 2026, 20:41·United States

OpenAI is reportedly approaching the completion of a fresh capital raise of up to $30 billion, which would value the artificial intelligence developer at $1.25 trillion. According to sources cited by CNBC, the investment round is spearheaded by United Arab Emirates-based backers and is designed to support the firm ahead of an anticipated initial public offering in 2027.

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This summary was written by the GPU Data Hub desk from reporting published by CNBC Technology on 22 Oct 2026, 20:41. Read the full article at the original publisher.

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