OpenAI aims to raise $30 billion at a valuation of $1.4 trillion.

Bloomberg reported on a new funding round for the company amid delays in its IPO plans.

For comparison: as recently as September 19, the valuation was discussed at $1.2 trillion.

Sam Altman previously ruled out an IPO for the company in 2026. Details about investors and the closing date of the round have not yet been disclosed.