OpenAI mulls funding round at $1.2 trillion valuation ahead of IPO, FT reports


FILE PHOTO: The OpenAI logo in this illustration taken June 11, 2026. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo

Sept 15 (Reuters) - OpenAI ⁠has recently held discussions with large investors ⁠about a fresh capital raise that would increase ‌the ChatGPT maker'svaluation to about $1.2 trillion before it goes public, the Financial Times reported on Tuesday, citing people familiar ​with the matter.

• The conversations with ⁠investors are at ⁠an early stage and the figure could change over ⁠the ‌coming months, said the report, adding that the talks were initiated by investors ⁠rather than the company.

• OpenAI declined to ​comment on the ‌report.

• The company hadclosed a funding round ⁠in March ​with $122 billion in committed capital, valuing it at $852 billion.

• OpenAI CEO Sam Altman said on Saturday that ⁠the company would not go public ​in 2026, citing safety concerns over artificial intelligence.

• OpenAI and rival Anthropic are pushing for greater regulation ⁠of artificial intelligence to ensure the technology is developed in ways that promote safety 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, Reuters ​reported earlier this month.

(Reporting by Harshita Mary Varghese in Bengaluru; Editing by Jonathan Ananda)

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