OpenAI Nears $1.25 Trillion Valuation. What That Tells Investors Ahead of a Potential 2027 IPO.

OpenAI is closing a $30 billion funding round at a $1.25 trillion valuation, down from its initial $1.5 trillion target. The company plans to go public in 2027, waiting for market conditions to improve after rival Anthropic's expected November IPO at a $2 trillion valuation. The funding round signals continued investor interest in AI despite recent sector fatigue.