According to a report by the Financial Times on September 16, OpenAI is in preliminary discussions with investors for a new private funding round, aiming for a valuation of $1.2 trillion to pave the way for its proposed IPO. Currently, the communications are still in the early stages, and the valuation may change in the coming months. This funding round aims to leverage the success of its latest AI models to drive revenue growth. OpenAI's CEO stated that the company is unlikely to go public before 2027.
