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CNBC reports OpenAI is nearing a pre-IPO bridge round seeking a $1.25tn pre-money valuation and up to $30bn, with UAE investors and Coatue co-leading. The company told investors it aims to sign agreements by the end of next week, though final size re

2026-10-23

CNBC reports OpenAI is nearing a pre-IPO bridge round seeking a $1.25tn pre-money valuation and up to $30bn, with UAE investors and Coatue co-leading. The company told investors it aims to sign agreements by the end of next week, though final size remains undecided. CFO Sarah Friar has informed employees OpenAI may IPO in 2027. OpenAI is also negotiating a commercial deal to secure additional compute capacity from the UAE.

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2026-10-22

Brent crude oil rose 2.00% on the day, currently trading at $108.53 per barrel.

Brent crude oil rose 2.00% on the day, currently trading at $108.53 per barrel.
2026-10-22

Protests continued in Greece and Portugal over rising living costs, strained public services, education shortages and fiscal austerity. In Athens on the 21st demonstrators gathered outside the University of Athens and marched to Parliament; authoriti

Protests continued in Greece and Portugal over rising living costs, strained public services, education shortages and fiscal austerity. In Athens on the 21st demonstrators gathered outside the University of Athens and marched to Parliament; authorities deployed about 3,000 police and closed nearby metro stations. In Lisbon protests persisted on the 21st after police cleared earlier a tent camp and arrested 55; thousands had returned to the site on the 20th. The Portuguese president has invited all parliamentary parties to talks at Belem Palace on the 29th to address social issues raised by the protests.
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