“An ill-advised moment to go public”: OpenAI eyes a $1.5tn private round

“Right now would be an ill-advised moment to go public,” OpenAI chief executive Sam Altman told Fortune on 12 September. Now OpenAI is considering one more private funding round before its IPO, at a valuation of about $1.5tn. The New York Times reported the plan on 16 September, citing people familiar with the matter.