Sources: investors recently approached OpenAI with a proposal to invest at a $1.2T valuation, but OpenAI believes its value should be at least $1.5T (Sri Muppidi/New York Times) — SkimNews
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- OpenAI received a funding proposal from investors at a $1.2T valuation but told them the company should be valued at at least $1.5T, a $300B gap above the offer.
- The proposed funding round would double OpenAI's current valuation and establish it as the world's most valuable startup, according to sources cited by the New York Times.
- Cross-coverage from the Financial Times (via TechMeme) frames the round as occurring before OpenAI's planned IPO, an angle the NYT headline underplays.
Why it matters: OpenAI's $300B premium over the investor offer signals the company has enough leverage to dictate terms in private markets; if the round closes at or near $1.5T, it would roughly double OpenAI's current value and set a new ceiling for private AI valuations heading into its planned public listing.
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