OpenAI's valuation trajectory has become increasingly aggressive. The company is now targeting up to $100 billion in fresh capital at an $830 billion valuation—a significant jump from the previously expected $750 billion. Just last October 2025, the valuation hit $500 billion, up sharply from $300 billion earlier that year. The pace of growth here is remarkable. In less than a year, we've seen a nearly 3x jump in valuation. This kind of capital raising momentum reflects broader investor appetite for AI infrastructure, even as the sector faces ongoing debate about profitability timelines. The numbers tell you something about where institutional capital is flowing right now.