Are you ready for OpenAI to raise $100 BILLION?

The NewYorkTimes.com reported that “OpenAI is in talks with tech giants and Middle Eastern sovereign wealth funds to raise as much as $100 billion in a new round of funding that could value the company at $750 billion or more, according to five people with knowledge of the discussions.” The January 29, 2026 article entitled “OpenAI in Talks to Raise as Much as $100 Billion” (https://www.nytimes.com/2026/01/29/technology/openai-in-talks-to-raise-as-much-as-100-billion.html) included these comments from Reporters Cade Metz and Karen Weise:

The situation is fluid, the people said, requesting anonymity to discuss ongoing negotiations, and $100 billion in funding is just one possibility as OpenAI holds discussions with Nvidia, Amazon, Microsoft and the Japanese conglomerate SoftBank.

OpenAI is currently valued at $500 billion, making it one of the most valuable private companies in the world, along with the rocket company SpaceX and ByteDance, the maker of TikTok. OpenAI, based in San Francisco, is considering an initial public offering as soon as this year.

But OpenAI is unprofitable and spending enormous sums to get the raw computing power it needs to build and deploy its artificial intelligence technologies. The company, which charges subscription fees for its ChatGPT chatbot and other software, reached $13 billion in revenue last year and expected to triple that this year, but plans to spend $115 billion between 2025 and 2029. And that is just a fraction of the $1.4 trillion it has committed to spending on computing power in the long term.

OpenAI closed its previous funding round in March, and the last of the $40 billion raised in that round was wired to the company at the end of last year. It has previously raised money from Nvidia, Microsoft, SoftBank and the United Arab Emirates, and the latest discussions are with many of those existing investors.

Interesting, but no surprises here!