Has OpenAI confirmed it?

No. Neither OpenAI nor OpenAI has confirmed it as of Oct 21.

Is OpenAI raising about $30 billion at a valuation above $1.4 trillion?

ReportedLast checked Oct 21, 2026

OpenAIFirst seen Oct 19

Verdict

Reuters reported on October 19, citing two people familiar with the matter, that OpenAI is racing to raise about $30 billion at a valuation that could exceed $1.4 trillion before Anthropic's expected mid-November IPO; OpenAI has not announced the round.

Evidence timeline · 1 source · newest first

Oct 19
Reported
Reuters, citing two people familiar with the matter, reports that OpenAI is seeking investor commitments before Anthropic's expected mid-November IPO in a round of about $30 billion that could value it at over $1.4 trillion. SoftBank, MGX and other existing backers are in talks to join, one of the people said.
Source: Reuters (via Investing.com)

Quick answers

Has OpenAI confirmed it?: No. Neither OpenAI nor OpenAI has confirmed it as of Oct 21.

How we label rumors

Unconfirmed: Circulating with at least one public source we can link to; no official confirmation.
Reported: Reported by a news outlet; not confirmed by the company.
Confirmed: Confirmed by the company or another official source.
Debunked: Denied by the company, retracted by the original source, or shown to be false by the evidence.

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