OpenAI weighs $1.2 trillion VC round, pushing back planned IPO

OpenAI is reportedly negotiating a new round of venture-capital financing that would raise its valuation to $1.2 trillion, as reported. The infusion would enable the AI firm to postpone an initial public offering that had been expected later this year. CEO Sam Altman told Alyson Shontell that, given ongoing safety considerations, going public now would be ill-advised and that the company does not face pressure to list.

OpenAI previously raised $122 billion in March, which set its valuation at $852 billion. By securing additional private capital, the firm aims to continue its development without the scrutiny of a public market. The potential delay reflects broader uncertainty in the tech sector about IPO timing amid regulatory and safety debates.