OpenAI Lines Up a $30B Bridge at $1.25T; Microsoft Researchers Crack a 31-Year-Old Math Problem With AI Agents
Friday, October 23, 2026 · 9 min
OpenAI is reportedly closing an up-to-$30 billion round at a $1.25 trillion pre-money valuation, led by UAE investors and Coatue, while efficiency neolab Flapping Airplanes raises $1 billion. Microsoft Research details how human-directed AI agents helped prove the KLS conjecture, and Recursive ships Flint, a 40B open coding model that runs on a laptop.
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OpenAI is reportedly closing an up-to-$30 billion round at a $1.25 trillion pre-money valuation, led by UAE investors and Coatue, while efficiency neolab Flapping Airplanes raises $1 billion. Microsoft Research details how human-directed AI agents helped prove the KLS conjecture, and Recursive ships Flint, a 40B open coding model that runs on a laptop.
In this episode
- OpenAI nears funding round at $1.25T valuation led by UAE investors — Kate Rooney, Ashley Capoot
“The San Francisco-based AI company is raising up to $30 billion at a $1.25 trillion valuation, according to people familiar with the deal, who asked not to be named because the details were confidential. That valuation does not include new capital raised.”
- AI startup Flapping Airplanes hits $6B valuation in just one ... — Jayujyoti Mullick
“Co-founder Asher Spector told Bloomberg that the company believes demand for AI will outpace the available supply of computing resources and data. He argued that companies capable of extracting greater performance from existing infrastructure could gain a significant economic…”
- Solving a 31-year-old grand challenge in mathematics – the KLS conjecture - Microsoft Research — Alyssa Hughes
“The recursive method, its repeated application, and the proof that the accumulated errors remain bounded are original contributions of the researchers. AI tools helped explore candidate approaches, carry out detailed derivations, prepare the manuscript, and perform internal…”
- open-weight — Topic | TPS — TPS
“Recursive released Flint, a free, open-weight mixture-of-experts coding model with 40 billion total and 2.5 billion active parameters, under Apache 2.0. The company claims its Eureka Machine automated research system contributed to nearly every stage of development, and that…”