OpenAI Reportedly Weighs New Funding Round At Valuation Of Up To $1.5 Trillion

0:00UKG is the workforce operating platform with unified HR, payroll and workforce management. built to solve the unique challenges of frontline work. Powered by People First AI and decades of labor data, UKG turns workforce intelligence into real-time decisions around staffing, pay, compliance, and productivity, enabling every worker to confidently take action as work happens. Because when work works, everything works. Learn more at ukg.com slash work. UKG, HR, pay, and workforce management. OpenAI is discussing raising money as part of a new funding round, which would value the company at as much as$1.5 trillion, according to multiple reports early on Wednesday, days after the company's CEO, Sam Altman, announced his company will not go public in 2026.

0:48Citing unnamed sources familiar with the matter, the Times' dealbook newsletter reported that investors had recently approached the chat GPT maker with an offer to invest in the company at a$1.2 trillion valuation. OpenAI, however, is seeking a much higher$1.5 trillion valuation, which is more than double the$730 billion it was valued at during its last funding round. The Wall Street Journal also reported that OpenAI had held early talks with investors about raising funds at a more than$1.2 trillion valuation. The higher valuation sought by the company is reportedly due to the increased success of its coding tool Codex, which is a rival to Anthropik's Claude Code and its latest AI models GPT-6 Astra and GPT-5.6 Sol.

1:42The report noted that in August, OpenAI was on track to generate$40 billion in annualized revenue, doubling its sales from the end of 2025. In May, Anthropic announced it had raised$65 billion in its Series H funding at a post-money valuation of$965 billion. The funding round was led by Altimeter Capital, Dragoneer, Green Oaks, and Sequoia Capital. Last month, Bloomberg reported that Anthropic disclosed to investors that it was on track to generate annualized revenue of more than$65 billion, which would put it ahead of OpenAI's metric. The Claude maker is expected to make its public market debut later this year, and its investors believe it could be at a valuation of$2 trillion or more.

2:33For more on this story, check out the article at the link in the description. Thank you. Confidently take action as work happens. Because when work works, everything works. Learn more at ukg.com slash work. UKG, HR, pay, and workforce management.