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OpenAI weighs funding round near $1.2 trillion value
Livemint··16 Sept
OpenAI is in early investor talks about a funding round that could value the ChatGPT maker at about $1.2 trillion, the Financial Times reported. In March it raised $122 billion at a post-money valuation of about $852 billion. CEO Sam Altman has said an IPO is unlikely in 2026, with 2027 now likelier. OpenAI declined to comment on the report.
Prism
What It Means For You
- A private round would add capital before any public listing, delaying when retail investors could buy shares.
- Reported figures remain preliminary and may change before any deal size or close date is set.
- Rival Anthropic fundraising and IPO plans set the competitive capital backdrop for OpenAI.
What's Happening
- People familiar with the matter said investors, not the company, initiated the latest talks.
- Livemint cited OpenAI spending about $34 billion last year and annualised revenue above $40 billion last month.
- Altman has pointed to AI safety and alignment work as reasons to delay a 2026 listing.
The Valuation Path So Far
- A jump from about $852 billion to $1.2 trillion would be a large step up from the March round.
- BusinessLine reported Anthropic raised funds in May at a $965 billion valuation including new money.
- Any OpenAI decision on timing is tied to when the company chooses to go public.
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