OpenAI reportedly eyes $30 billion raise at $1.25 trillion valuation

OpenAI is reportedly negotiating to raise up to $30 billion at a $1.25 trillion pre-money valuation, in a round led by Coatue and UAE investors, according to CNBC. The deal may include extra computing capacity from the UAE, and terms could still change. A valuation above $1 trillion would make it the most valuable private company ever. OpenAI declined to comment.