OpenAI mulls $1.2 trillion private round ahead of IPO
TL;DR Summary
OpenAI is in early talks for a private funding round valuing the company at about $1.2 trillion ahead of an IPO, aiming to capitalise on demand for its AI tech after recent model releases. CEO Sam Altman has said an IPO is unlikely before 2027, with timing depending on when OpenAI goes public; the new round would likely reward longtime backers like SoftBank and Thrive Capital and could push back IPO payouts, even as OpenAI reports revenue around $40 billion annualized after GPT-5.6 and Astra launches.
- OpenAI weighs funding round at $1.2tn valuation before IPO Financial Times
- OpenAI Weighing Funding Round at Over $1.2 Trillion Valuation Bloomberg.com
- Rumored Round of Funding Could Make OpenAI More Valuable Than Anthropic Again. Perhaps Briefly Gizmodo
- OpenAI mulls funding round at $1.2 trillion valuation ahead of IPO, FT reports Reuters
- OpenAI in Early Talks for New Funding Round at $1.2 Trillion Valuation The Information
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