Market Chatter: OpenAI Seeking $30 Billion in Funding at $1.4 Trillion Value

MT newswire2026/09/29 17:47

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01:47 PM EDT, 09/29/2026 (MT Newswires) -- Microsoft-backed (MSFT) OpenAI is looking to raise at least $30 billion from a new round of funding, Bloomberg reported Tuesday, citing people familiar with the matter. The company is targeting a valuation of around $1.4 trillion, not including the money raised, the report said. OpenAI didn't immediately reply to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 505.63, Change: -3.59, Percent Change: -0.70

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