OpenAI is currently negotiating a new funding round to secure at least $30 billion. According to reports, this pre-IPO investment would value the company at approximately $1.4 trillion.
The developer of ChatGPT has seen significant financial growth recently. Its run-rate revenue climbed by 70 percent since July, hitting $40 billion in August. This growth follows a strategic shift toward coding capabilities.
The company previously secured $122 billion in March at a valuation of $852 billion. That round was initially intended to be the final private funding before an IPO.
CEO Sam Altman has officially postponed plans for a public market debut. While an IPO was previously expected this year, the company will not go public in 2026 to focus on AI safety initiatives.
