OpenAI in early talks for funding round valuing it at about $1.2 trillion before IPO
OpenAI has held early discussions with large investors about a fresh capital raise that would lift its valuation to about $1.2 trillion before a stock market listing, the Financial Times reported. The talks were initiated by investors and the figure could change, and OpenAI declined to comment. The company was valued at $852 billion after a March round, and CEO Sam Altman has said it will not go public in 2026.