# OpenAI Secures $30B Bridge Funding Before IPO

> OpenAI closes $30B bridge funding to prepare for IPO amid shifting plans.
- Title: OpenAI Secures $30B Bridge Funding Before IPO · SiliconANGLE
- Summary: OpenAI closes $30B bridge funding to prepare for IPO amid shifting plans. OpenAI is securing $30 billion in bridge funding to support its IPO preparations…
- Keywords: openai, bridge funding, ipo, united arab emirates, coatue, sam altman, sarah friar, anthropic, technology, enterprise, Secures, 30B
- Source: SiliconANGLE — https://siliconangle.com/2026/10/22/report-openai-closing-on-30b-bridge-funding-round-to-tide-it-over-before-ipo
- Author: Mike Wheatley
- Published: 2026-10-23T00:47:28+00:00
- Read time: 1 min
- Topics: openai, bridge funding, ipo, united arab emirates, coatue, sam altman, sarah friar, anthropic, technology, enterprise
## OpenAI's Funding Plan
OpenAI is closing on $30 billion bridge funding to support its IPO preparations.

> reportedly negotiating with investors an additional $30 billion investment
## UAE Investors Lead Round
United Arab Emirates investors will lead the new round with Coatue participating.

> the united arab emirates will lead the new round
## Bridge Funding Purpose
The round provides capital for business investments while finalizing IPO plans.

> an opportunistic bridge for openai to provide capital it needs to continue investing
## Timeline for Agreement
OpenAI aims to sign investors by end of week despite undetermined investment size.

> openai hopes to get the investors to sign on the dotted line by the end of new week
## Previous Funding Round
OpenAI raised $122 billion in March at $852 billion valuation before IPO.

> raised a staggering $122 billion from investors including amazon.com inc
## IPO Timeline Shift
OpenAI cooled on 2027 IPO after CEO Sam Altman backtracked on public listing.

> ceo sam altman appeared to backtrack saying it would be ill-advised for the company to go public this year
## Anthropic's IPO Plans
Anthropic is targeting $1.5-2.5 trillion valuation for its IPO ahead of Thanksgiving.

> reportedly seeking a valuation of between one point five trillion and two point five trillion
## Key takeaway

OpenAI is securing $30 billion in bridge funding to support its IPO preparations after cooling on a 2027 public listing timeline.