OpenAI is nearing a bridge financing round of approximately $30 billion at a $1.25 trillion valuation, according to a report published by COINOTAG on October 23, 2026.

In an update issued at 05:58 UTC, COINOTAG said its earlier reporting fills in more detail on how the co-lead lineup for the round came together. Because the report describes a round that is still nearing completion, the final co-lead lineup, closing terms, and any official confirmation from OpenAI are the details that would round out the picture.

This content was first published on COINOTAG: https://en.coinotag.com/openai-30-billion-bridge-round-1-25-trillion-valuation

Background

OpenAI, headquartered in San Francisco, is the developer of ChatGPT, one of the most widely used artificial intelligence chatbot services. The company raised $40 billion in a funding round announced in March 2025, led by SoftBank, at a post-money valuation of $300 billion. Before that, it raised $6.6 billion in October 2024 at a $157 billion valuation a round led by Thrive Capital.

A bridge round is interim financing typically raised between larger, formally priced funding rounds. Companies often use such raises to secure additional capital ahead of a subsequent financing. Measured against that history, the reported terms represent a steep step-up: a $1.25 trillion valuation would be more than four times the $300 billion post-money figure set in the March 2025 round, which itself was nearly double the October 2024 mark. The roughly $30 billion raise would also come close to the $40 billion OpenAI secured in its most recent formally priced round — an indication of how much the scale of the company's financing, whether interim or formally priced, has grown across successive rounds.