Sam Altman has ruled out a 2026 IPO. Will OpenAI confirm a new funding round above a $1 trillion valuation by Oct 9?
73% of users predicted NO — the community got this one right. 15 predictions cast.
OpenAI did not confirm a closed funding round above a $1 trillion valuation by October 9, 2026. Bloomberg reported on September 29 that the company was in early talks to raise at least $30 billion at roughly a $1.4 trillion valuation, but the discussions remained preliminary, with terms still subject to change and no deal finalized by the resolution date. The round, described as bridge financing ahead of an eventual public offering, followed OpenAI's March 2026 round of $122 billion at an $852 billion valuation. CEO Sam Altman had already ruled out a 2026 IPO, citing a need to resolve AI safety questions before going public, leaving private fundraising as the company's main capital-raising route. Reuters reported OpenAI's annualized revenue was nearing $70 billion in late September, up more than 70% since the start of the third quarter, underpinning investor appetite for the higher valuation. Because the talks were still described as early-stage, with no signed agreement, no valuation above $1 trillion existed as a confirmed, closed deal by Oct. 9.
The Predict Six community anticipated this correctly, with only 27% expecting a "yes," reflecting accurate skepticism that a deal of this size would be finalized that quickly.