OpenAI is holding preliminary discussions with investors about a new funding round before an initial public offering, with some reports valuing the company at more than $1.2 trillion. Bloomberg and The Wall Street Journal both describe early talks about raising capital ahead of going public.
The outlets vary slightly on the valuation and details. Bloomberg and The Wall Street Journal cite a valuation above $1.2 trillion, while Business Day reports a higher figure of about $1.5 trillion. The Wall Street Journal also says OpenAI is likely to go public next year, framing the funding discussions as part of a path toward an upcoming IPO. Business Day characterizes the proposed round as potentially doubling the company’s value and positioning it as the most valuable private company, but does not provide additional procedural specifics.
Across the coverage, all accounts describe non-final, early-stage investor conversations rather than confirmed terms. The reports do not indicate whether the round is certain, the size of the raise, or the exact timing beyond the general expectation of an IPO next year referenced by one outlet.
