OpenAI Seeks $1.2 Trillion Valuation in New Funding Round, Up from $852 Billion in March

According to ChainCatcher, OpenAI is seeking a new funding round at a target valuation of $1.2 trillion, up from $852 billion in March. The company is in early-stage discussions with major investors to prepare for a potential IPO no earlier than 2027, according to CEO Sam Altman.
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