OpenAI Targets $1.2 Trillion Valuation in New Funding Round
OpenAI is reportedly in early-stage discussions with investors for a new private funding round, aiming for a valuation of approximately $1.2 trillion to prepare for a future IPO. The company was valued at $852 billion following its funding round in March. CEO Sam Altman has indicated that an IPO is unlikely to occur before 2027.
Summaries are written by AI from the original article. Not investment advice.