Key facts
- OpenAI is reportedly in talks to raise at least $30 billion in a pre-IPO funding round.
- The proposed valuation for OpenAI is approximately $1.4 trillion.
- This valuation represents a significant increase from its $852 billion valuation in March.
- CEO Sam Altman has stated that an IPO is unlikely in 2026 due to a focus on AI safety.
- Rival Anthropic is reportedly planning an IPO this year with a potential valuation exceeding $2 trillion.
OpenAI, the developer behind ChatGPT, is reportedly in early discussions to raise at least $30 billion in a new funding round that would value the artificial intelligence company at approximately $1.4 trillion, according to a Bloomberg report citing people familiar with the matter. This proposed valuation marks a substantial increase from its $852 billion valuation in March. The company has also indicated that its long-anticipated public market debut is now targeted for 2027 at the earliest. CEO Sam Altman cited a commitment to prioritizing AI safety as the reason for delaying the IPO. OpenAI had previously filed IPO paperwork confidentially with the US Securities and Exchange Commission in June. Meanwhile, competitor Anthropic, the creator of the Claude AI model, is reportedly proceeding with its own IPO plans for this year, with a potential valuation exceeding $2 trillion.