OpenAI aiming for new $30 billion funding round at a $1.25 trillion valuation

What happened: OpenAI (OPAI.PVT) is seeking a fresh $30 billion funding round. The company was previously looking to raise capital at a $1.5 trillion valuation, according to Bloomberg. Key numbers: Target round $30 billion at a $1.25 trillion valuation. Prior raise $122 billion in March at an $852 billion valuation. Anthropic (ANTH.PVT) IPO valuation anticipated as high as $2 trillion. Why it matters: The talks come amid wide-ranging declines in AI stocks over concerns about the data center buildout, with investors questioning debt loads at neoclouds such as CoreWeave (CRWV). Market: -0.1% today ($77.30), -4.5% YTD, 1.4x vol — as of 07:45 UTC Coverage: 8 outlets in 24h

OpenAI (OPAI.PVT) is seeking a fresh $30 billion funding round. The company was previously looking to raise capital at a $1.5 trillion valuation, according to Bloomberg.

The talks come amid wide-ranging declines in AI stocks over concerns about the data center buildout, with investors questioning debt loads at neoclouds such as CoreWeave (CRWV). Market: -0.1% today ($77.30), -4.5% YTD, 1.4x vol — as of 07:45 UTC