OpenAI mulls funding round at $1.2 trillion valuation ahead of IPO, FT reports
The talks were initiated by investors and could change over coming months, with OpenAI declining to comment on the reported valuation.
9 Articles
9 Articles
OpenAI mulls funding round at $1.2 trillion valuation ahead of IPO, FT reports
OpenAI has recently held discussions with large investors about a fresh capital raise that would increase the ChatGPT maker's valuation to about $1.2 trillion before it goes public, the Financial Times reported on Tuesday, citing people familiar with the matter.
(Seoul = Yonhap News) Reporter Joo Jong-guk = OpenAI is raising additional funds ahead of its initial public offering (IPO) with a target valuation of $1.2 trillion (approximately 1,630 trillion won)...
OpenAI is in initial talks with investors about a new round of financing that would evaluate the ChatGPT's founding company in more than $1.2 trillion, before an initial public offer of shares (IPO). The decision to move forward or not with the takeover will depend on when exactly OpenAI decides to open its capital, said a person familiar with the conversations, who asked to not be identified. According to this source, it was the investors who s…
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