Financial Times ·

OpenAI has held early conversations with investors about raising another private funding round at a $1.2T valuation before its planned IPO

Sam Altman's start-up could capitalise on demand for its technology after new model launches

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OpenAI has held early conversations with investors about raising another private funding round at a $1.2T valuation before its planned IPO

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Financial Times — OpenAI has held early conversations with investors about raising another private funding round at a $1.2T valuation before its planned IPO ↗

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Sep 15Sep 17

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Related stories

New York Times: Investors recently approached OpenAI with a proposal to invest at a $1.2T valuation, but OpenAI believes its valuation should be at least $1.5T

Bloomberg: AI coding startup Cognition is in early talks with investors to raise $1B+ at a $40B+ valuation, after raising $1B at a $26B valuation in May

CNBC: OpenAI says its ad business has hit $1B in annualized revenue run rate and is expanding globally, as it touts its "diversified business model" ahead of an IPO

Business Insider: Former OpenAI Chief Product Officer Kevin Weil is aiming to raise $150M for a new AI science startup, seeking a valuation of at least $750M

The Information: AI assistant Instinct seeks to raise $1B at a $10B valuation, up from $2.25B less than a month ago; Sequoia and Benchmark are in talks to lead the round

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