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OpenAI in early talks for private round at $1.2T valuation, seeks $1.5T

#openai#funding#valuation#ipo

Sources report OpenAI has held early conversations with investors about raising another private funding round at a $1.2T valuation before its planned IPO. Separately, investors recently approached OpenAI with a proposal at that valuation, but OpenAI believes its value should be at least $1.5T, which would double its worth and make it the world's most valuable private company.

Coverage timeline

  1. Techmeme
    Sources: OpenAI has held early conversations with investors about raising another private funding round at a $1.2T valuation before its planned IPO (Financial Times)

    Financial Times : Sources: OpenAI has held early conversations with investors about raising another private funding round at a $1.2T valuation before its planned IPO — Sam Altman's start-up could capitalise on demand for its technology after new model launches — OpenAI has held early conversations …

  2. Techmeme
    Sources: investors recently approached OpenAI with a proposal to invest at a $1.2T valuation, but OpenAI believes its value should be at least $1.5T (Sri Muppidi/New York Times)

    Sri Muppidi / New York Times : Sources: investors recently approached OpenAI with a proposal to invest at a $1.2T valuation, but OpenAI believes its value should be at least $1.5T — The funding round would double the value of the start-up behind ChatGPT and establish it as the world's most valuable private company.