According to media sources citing insiders, ChatGPT developer OpenAI is engaged in preliminary discussions with investors for a new round of funding, which could value the company at $1.2 trillion. This funding round comes as OpenAI experiences accelerated revenue growth following the release of its GPT-5.6 and Astra models, with its annualized revenue surpassing $40 billion last month, marking a 20% month-over-month increase. OpenAI's CEO stated that an IPO is still in the works, but the company will not go public this year.