OpenAI seeks $30 billion pre-IPO funding at $1.4 trillion valuation

OpenAI is reportedly in early discussions to raise at least $30 billion in a pre-IPO bridge funding round, targeting a valuation of $1.4 trillion. CEO Sam Altman has decided to delay the company's IPO to focus on addressing regulatory safety concerns and expanding its enterprise client base to compete with Anthropic. The funding aims to provide capital before a potential future public offering.