OpenAI Plans $30 Billion Fundraising... "Investors Will Be Patient With IPO"

Seeking New Funding While Remaining Private
Competition Expected with Anthropic Over Corporate Valuation

AP Yonhap News

Bloomberg News reported on September 29 (local time), citing sources, that OpenAI is seeking to raise new funding at a valuation of $30 billion (approximately 40.7 trillion won) while remaining privately held. Competition for investor funds is expected to intensify, especially with Anthropic, a rival planning to go public in November, also seeking to attract capital.

According to Bloomberg News, OpenAI plans to raise $30 billion in new investments at a company valuation of $1.4 trillion. This target valuation has increased within just two weeks from its previous goal of $1.2 trillion on September 15. If this new valuation is recognized, OpenAI’s corporate value is expected to surpass that of Anthropic. Previously, in May this year, Anthropic secured $6.5 billion in funding at a valuation of $95.6 billion.

OpenAI's corporate value was expected to exceed $1 trillion last year. However, as its performance weakened in the first half of this year, it was officially valued at $852 billion in March. If it achieves the new target of $1.4 trillion, its valuation is projected to surge by nearly 70% in just half a year.

Bloomberg News cited sources as saying that this fundraising round is a “bridge round” to provide additional capital to OpenAI, which has postponed its initial public offering (IPO). The discussions are still in the early stages and could change. Competition with Anthropic for new funding is expected to be fierce, as Anthropic is anticipated to go public in November.

OpenAI is now expected to delay its IPO until next year and focus on attracting new investments. The company had initially planned to go public this year but reversed its decision and pushed back the IPO to next year or later after a series of safety issues emerged with its AI models.

Sam Altman, CEO of OpenAI, also said in an interview with Bloomberg TV that day, “I hope to be able to make decisions in front of us without the pressure of being a newly listed company,” adding, “Investors will have patience with our IPO plans. We will eventually go public someday.”

This content was produced with the assistance of AI translation services.