OpenAI Group PBC is negotiating a bridge funding round to raise up to $30 billion in private capital

From the articleOpenAI working on new $30B raise at $1.25T valuation ahead of IPOAlso in OpenAI lowers valuation target, raises up to $30 billion, OpenAI nears up to $30 billion funding round at $1.25 trillion valuation led by UAE investors, OpenAI Shifts Value to $1.25 Trillion as Funding Talks Finalize, Report: OpenAI closing on $30B ‘bridge’ funding round to tide it over before IPO, OpenAI trims valuation target to $1.25tn after pitching higher price