OpenAI seeks $30B at $1.4T valuation amid AI safety push
openai in talks to raise $30b at $1.4t valuation as ceo sam altman prioritizes ai safety over ipo.
openai is in talks to raise at least $30 billion in a pre-ipo funding round at a valuation of roughly $1.4 trillion. the company's revenue has seen a 70% jump in run-rate revenue since july, reaching $40 billion in august. ceo sam altman has prioritized ai safety over an ipo, ruling out a public debut in 2026. in march, openai raised $122 billion at an $852 billion valuation. the new fundraising will serve as a bridge round to the ipo.