OpenAI Targets $1.2 Trillion Valuation in Funding Talks

OpenAI is in discussions with investors for a new round of private financing, targeting a valuation of approximately $1.2 trillion, as it prepares for a future IPO. Sources familiar with the matter say OpenAI reached a valuation of $852 billion after its funding round in March this year. The company is discussing further financing plans with large investors, though negotiations remain at an early stage. OpenAI CEO Sam Altman has indicated that a public listing may not occur before 2027.