OpenAI said to be seeking $30bn raise at $1.25tn valuation ahead of planned IPO

        October 23, 2026

OpenAI said to be seeking $30bn raise at $1.25tn valuation ahead of planned IPO

Also: BBC explainer covers AI system's discovery of a major cyber-security flaw‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

                X-Risk Daily

                Friday 23 October 2026

Transformative AI

OpenAI said to be seeking $30bn raise at $1.25tn valuation ahead of planned IPO

OpenAI is working on a funding round of up to $30 billion at a $1.25 trillion valuation, TechCrunch reported on 22 October, drawing on CNBC reporting.

            Also in this issue

Transformative AI

BBC explainer covers AI system's discovery of a major cyber-security flaw

Transformative AI

Microsoft AI diagnostic system beats generalist doctors on hard cases, but gains appear to come mostly from underlying models

Transformative AI

Anthropic opens waitlist for Claude Duet, an agent-focused app for paying subscribers

Transformative AI

DeepSeek reportedly raises $15bn days after US orders federal agencies to drop its technology

Research

METR and Redwood red-team OpenAI's internal agent monitoring, finding multiple bypass routes

Research

Frontier models hide messages in SVG images that other instances can decode without a pre-agreed scheme

            … and 59 more in the full briefing

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