OpenAI working on new $30B raise at $1.25T valuation ahead of IPO

October 22, 2026 Julie Bort

Should OpenAI command an over $1 trillion valuation with this round, it would break records as the most highly valued private company ever.

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As blockchain investing falls out of vogue, a16z Crypto rebrands as a16z Frontier
As blockchain investing falls out of vogue, a16z Crypto rebrands as a16z Frontier

The digital asset unit, helmed by Chris Dixon, broadens its scope.

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Rivian buys world model startup to accelerate self-driving ambitions
Rivian buys world model startup to accelerate self-driving ambitions

Third Dimension's technology uses AI to match the physical world, which when combined with Rivian's reams o...