Bloomberg News reports, in an account carried by Quartz on Yahoo Finance, that OpenAI is in early talks to raise at least $30 billion in new funding at a valuation near $1.4 trillion before that new capital is counted. The figure would mark roughly a 64 percent jump from the $852 billion post-money valuation OpenAI set in March, when SoftBank, Amazon and Nvidia anchored what was then the largest private funding round in Silicon Valley history. Terms remain in flux, and chief executive Sam Altman has said publicly that taking the company public this year would be premature given its ongoing safety work. Quartz's account, citing Bloomberg, put OpenAI's annualized revenue above $40 billion, up roughly 70 percent since July.
That valuation talk is separate from Autonomy Magazine's own reporting on OpenAI's Ultrafast compute pricing: one story sets a price for tokens, the other a price for the company.
SiliconANGLE reports that EliseAI closed a $350 million round led jointly by Andreessen Horowitz and Bessemer, joined by Ontario Teachers' Pension Plan, Sapphire Ventures and Navitas Capital, lifting the housing-and-healthcare automation startup to a $4 billion valuation. Its platform now runs behind one in six U.S. apartments and more than 3,500 healthcare organizations. Co-founder and chief executive Minna Song wrote in a company blog post that the industries EliseAI serves are "the most complex, the most bespoke, the most entrenched, and the hardest – but they're also the most important."
Personal-agent startup Instinct raised $1 billion in a round that quadrupled its valuation to $10 billion inside a month, after an earlier $250 million Series B had set it at $2.5 billion, Reuters reports in a wire account carried by The Star. Sequoia Capital, Benchmark and Coatue backed the round. "This funding helps us bring Instinct to more people and continue building the future of personal AI," founder Noah Shinn, a former engineer at Bret Taylor's Sierra, said in a statement.
A fourth round closed in the same stretch. Armadin, the AI offensive-security startup founded by former Mandiant chief executive Kevin Mandia, raised $255.5 million at a valuation above $2.5 billion, with Andreessen Horowitz and Accel co-leading, SiliconANGLE reports. The company deploys swarms of AI agents that simulate attackers to find vulnerabilities before real ones do. "Offense is uniquely advantaged right now," Mandia said. "AI lets an attacker find and chain weaknesses faster than any human team can respond. The only way to build a defense that keeps pace is to train it against the best offense available, every day."
Together the four rounds disclosed more than $1.6 billion in new capital before OpenAI's number is even added. CTech's monthly tally puts that in a wider frame: Israeli startups raised $2.77 billion across 28 rounds in September, with five mega-rounds accounting for roughly 69 percent of the total and investors telling the outlet that infrastructure around deploying AI, rather than applications built on top of it, is where the money is concentrating.
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