OpenAI Eyes $1.2T Pre-IPO Funding Round — SkimNews
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- OpenAI has held early conversations with investors about raising another private funding round at a $1.2 trillion valuation, ahead of its planned IPO, according to Financial Times sources.
- Sam Altman's start-up could capitalize on demand for its technology following new model launches, with the round positioned before the company goes public.
Why it matters: A $1.2 trillion pre-IPO valuation would price OpenAI's private shares at levels typically reserved for public mega-caps, letting the company raise growth capital on its own terms before public-market scrutiny. The round's timing — tied to demand from recent model launches — means private backers get in ahead of any IPO pricing.
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