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Sep 29, 2026, 09:30 PM UTC

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01

OpenAI aims for $30 billion in new funding round

OpenAI is seeking to raise at least $30 billion from investors in a new funding round after delaying plans for an initial public offering.

Artificial intelligence startup OpenAI is seeking to raise at least $30 billion from investors in a new funding round, according to people familiar with the matter.

The capital push follows the company's decision to delay its plans for an initial public offering. The firm continues to face substantial costs associated with expanding its AI infrastructure, training advanced models, and competing with major technology corporations in the rapidly growing generative AI market. Further details regarding the valuation or participating investors have not been publicly disclosed.

Sources: Bloomberg.

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02

Trump to highlight $54 billion Alaska LNG initiative with South Korean investment

US President Donald Trump plans to announce a $200 billion South Korean investment package, including $54 billion for an Alaska LNG project.

US President Donald Trump is expected to announce a major foreign investment package from South Korea totaling approximately $200 billion. The announcement features a $54 billion commitment directed toward a long-delayed liquefied natural gas (LNG) project in Alaska. The energy venture, aimed at exporting natural gas, has received strong backing from a local Republican senator currently involved in a competitive reelection campaign. The broader investment initiative underscores efforts to bolster US energy infrastructure and expand domestic manufacturing ties with East Asian partners.

Sources: Bloomberg.

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