OpenAI Mulls Funding Round at $1.2 Trillion Valuation Ahead of IPO, FT Reports
- On Tuesday, the Financial Times reported OpenAI held discussions with large investors about a fresh capital raise that would increase the ChatGPT maker's valuation to about $1.2 trillion before going public.
- The potential increase follows a March funding round that valued OpenAI at $852 billion, which included $122 billion in committed capital from investors.
- Conversations with investors remain at an early stage, and the valuation figure could change over coming months; talks were investor-initiated rather than company-led. OpenAI declined to comment on the report.
- OpenAI CEO Sam Altman said on Saturday the company would not go public in 2026, citing safety concerns over artificial intelligence as the primary reason.
- Rival Anthropic is expected to begin marketing its initial public offering in mid-October, while both companies push for greater regulation of artificial intelligence to ensure safety amid security concerns.
73 Articles
73 Articles
OpenAI eyes $1.2 trillion funding round: Report
OpenAI has begun preliminary conversations with investors about another funding round that could push its valuation beyond $1.2 trillion, following the launch of its newest advanced AI model, The Wall Street Journal reported on Tuesday. The developer of ChatGPT was valued at $852 billion in March after securing $122b in financing from investors such as Amazon, Nvidia and SoftBank. If the new funding round moves forward, it would come ahead of th…
OpenAI eyes a private round at a $1.5tn valuation
“Right now would be an ill-advised moment to go public,” OpenAI chief executive Sam Altman told Fortune on 12 September. Now OpenAI is considering one more private funding round before its IPO, at a valuation of about $1.5tn. The New York Times reported the plan on 16 September, citing people familiar with the matter. The […] This story continues at The Next Web
Someone Made A Big Mistake About OpenAI's $1.5 Trillion Value
Is OpenAI about to raise money at a $1.2 trillion valuation? That’s up from $852 billion in March. The FT reported the figure at $1.2 trillion. So did Bloomberg. The news service wrote, “OpenAI is holding early talks with investors about a fresh funding round that would value the ChatGPT creator at more than $1.2 […]
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