OpenAI Investors Float $1.2 Trillion Funding Round as Company Prepares for 2027 IPO
Updated
Updated · CNBC · Sep 16
OpenAI Investors Float $1.2 Trillion Funding Round as Company Prepares for 2027 IPO
3 articles · Updated · CNBC · Sep 16
Summary
Investors have approached OpenAI with proposals for a new funding round at a $1.2 trillion valuation, though sources said the company is not in formal talks.
Some backers framed the potential deal as a liquidity event for employees to sell stock rather than an immediate capital raise for the company.
OpenAI last raised funds in March at an $852 billion valuation, making the proposed round a sharp step-up in value for the ChatGPT maker.
The outreach comes after OpenAI confidentially filed for an IPO in June; CFO Sarah Friar told employees last month the company will be public in 2027, possibly sooner.