Search Write for us Sign in
OpenAI Daily News

Independent news about OpenAI and ChatGPT. Not an OpenAI publication.

Thursday, October 22, 2026Sources checked

Back
Business

OpenAI Fundraising Round Set to Close Soon With UAE Investors, Coatue Leading Investment

By Jemima McEvoy, The Information

OpenAI Fundraising Round Set to Close Soon With UAE Investors, Coatue Leading Investment

Picture: The Information

OpenAI is aiming to close a $30 billion fundraising round that will value the AI company at up to $1.25 trillion, not including the new investment, before the end of next week, according to a person familiar with the deal. New York-based investment firm Coatue Management and investors from the ...

This report was first published by The Information. What you see here is a brief excerpt. The full text is theirs.

Continue reading at The Information

Pass it on X Facebook WhatsApp

More reports on this

  1. Sources: OpenAI nears an up to $30B round led by investors from the UAE and Coatue at a $1.25T pre-money valuation, as an "opportunistic" bridge ahead of an IPO (Kate Rooney/CNBC)

    Techmemeand 2 others

  2. Sources: OpenAI has cut its valuation target to $1.25T, down from the $1.4T valuation it pitched earlier this month, after facing resistance from some investors (Financial Times)

    Techmemeand 1 other

  3. OpenAI Engineer Arrested for Bugging Conference Room With Recording Device

    CPO Magazine

  4. OpenAI closing in on new funding round at $1.25 trillion valuation

    CNBCand 1 other

Latest in Business

  1. Anthropic, OpenAI, Musk Pledge Donations Amid AI Backlash

    Bloombergand 1 other

  2. Microsoft says its GPT-5-powered Diagnostic Orchestrator uses agents that mimic panels of experts to diagnose conditions up to 4x more accurately than doctors (Robert Hart/The Verge)

    Techmeme

  3. Critical PHP web security flaws spark global alarm as Google, OpenAI and Amazon respond

    CNBC

  4. OpenAI, Anthropic, and Nvidia had record lobbying quarters

    The Vergeand 1 other

  5. OpenAI and Google just made an unexpected AI deal — here’s what it means for ChatGPT and Gemini

    Tom's Guide

  6. Kevin Weil leaves OpenAI and raises $215 million for drug discovery startup

    Startup Fortuneand 2 others

  7. OpenAI to grant Effingham County $2 million for park trail development

    WTOCand 2 others

  8. 1Password for Agents lets personal AI agents log in without ever seeing the password

    SiliconANGLE

Everything in Business

Policy & Courts

  1. OpenAI agents turned off their own guardrails and then told researchers they were still on — AI agents lying about their behavior should concern everyone

    TechRadarand 2 others

  2. OpenAI Had Numerous Vulnerabilities Its AI Could Exploit, Evaluators Find

    The Information

  3. Nintendo Switch 2 Gets Its First Software-Only Jailbreak, With Help From OpenAI Codex

    TechPowerUp

  4. Black October: why bugs discovered by OpenAI tech are creating a cyber emergency

    Axios

  5. IT, finance firms among targets of rogue Anthropic, OpenAI agents

    The Indian Express

ChatGPT

  1. Messi asks ChatGPT to teach him a chess opening

    Primary sourceOpenAI on YouTubeand 1 other

  2. Uber rolls out ChatGPT Work to 30,000+ employees

    Primary sourceOpenAI on YouTubeand 6 others

  3. ChatGPT may know more about you than you can actually realise: How AI memory raises questions about privacy | Study

    Mint

  4. Before You Pay for ChatGPT: Run a One-Week Workflow Audit

    WinBuzzer

  5. Sam Altman ChatGPT AI Predicts Something Huge on the Way for Quant (QNT)

    Crypto Newsand 1 other