OpenAI weighs funding round at US$1.2 trillion valuation ahead of possible IPO
Sam Altman’s start-up is considering new funding at a proposed valuation of US$1.2 trillion, according to the Financial Times.
OpenAI is weighing a funding round that could value the company at US$1.2 trillion before a possible initial public offering, according to a report by the Financial Times.
The proposal remains under consideration and has not been confirmed. The report does not provide details on the potential size of the round, prospective investors or its timing.
Demand for OpenAI’s technology following new model launches is cited as a factor behind the company’s consideration of fresh funding.
The reported valuation is a proposed figure rather than an established market valuation. The Financial Times report also does not indicate that OpenAI has made a confirmed decision to pursue a public listing.
OpenAI is led by Sam Altman. No timetable for a potential IPO was provided.
