OpenAI valuation could hit $1.4T in new funding round: Report

OpenAI is reportedly seeking another $30 billion from investors as the ChatGPT developer pushes its long-awaited public market debut into 2027.

ChatGPT developer OpenAI is reportedly eyeing another $30 billion raise that could value it at $1.4 trillion, making it one of the world’s most valuable companies even before it goes public.

Citing people familiar with the matter, Bloomberg reported Tuesday that OpenAI is in the early stages of discussions for the new funding round, with investor demand driving the talks.

The proposed valuation would be roughly 64% higher than OpenAI’s $852 billion valuation in March, when it raised $122 billion.

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