OpenAI investors have approached the company about a new funding round, though no formal discussions are currently underway. A $1.2 trillion valuation has been proposed. In March, OpenAI raised $122 billion at a $852 billion valuation. The company filed confidentially with the SEC in June and is preparing for a potentially blockbuster IPO, with CFO Sarah Friar stating the company would be public in 2027.
Source: Read the original article
