OpenAI Eyes $1.2 Trillion Valuation in Pre-IPO Funding Round

OpenAI is reportedly weighing a funding round at a $1.2 trillion valuation before going public. The artificial intelligence (AI) startup has held early discussions with investors about a private funding round ahead of its planned initial public offering (IPO), according to a Financial Times (FT) report Tuesday (Sept. 15) citing sources familiar with the matter.