OpenAI Considers New Financing at a $1.5 Trillion Valuation
The funding round would double the value of the start-up behind ChatGPT and establish it as the world’s most valuable private company.
TL;DR
- OpenAI is considering a new funding round valuing it at $1.5 trillion.
- This valuation would double its most recent private valuation of $730 billion.
- The company's annualized revenue surpassed $40 billion last month.
- OpenAI plans to go public next year.
- The company had previously confidentially filed a draft prospectus with the SEC in June.
- Rival Anthropic is also preparing for an IPO, potentially raising over $100 billion at a $2 trillion valuation.