Key facts
- OpenAI is in early-stage discussions for a funding round that could value it at $1.2 trillion.
- The talks were initiated by investors, not OpenAI.
- The valuation figure could change in the coming months.
- OpenAI declined to comment on the report.
- In March, OpenAI closed a funding round at an $852 billion valuation.
- CEO Sam Altman stated OpenAI would not go public in 2026 due to safety concerns.
OpenAI has recently held discussions with large investors about a fresh capital raise that would increase the ChatGPT maker's valuation to about $1.2 trillion before it goes public, the Financial Times reported, citing people familiar with the matter. The conversations are at an early stage, and the figure could change over the coming months, with the talks initiated by investors rather than the company. OpenAI declined to comment on the report. The company had previously closed a funding round in March with $122 billion in committed capital, valuing it at $852 billion. OpenAI CEO Sam Altman stated on Saturday that the company would not go public in 2026, citing safety concerns over artificial intelligence. OpenAI and rival Anthropic are advocating for greater regulation of artificial intelligence to ensure its safe development amid concerns about security and misuse. Anthropic is expected to begin marketing its initial public offering in mid-October at the earliest and complete the listing days before the U.S. midterm elections in November.