OpenAI in talks for $1.2T private round as IPO slips further
Days after confirming its IPO won't happen this year, OpenAI is reportedly discussing a new funding round that would nearly double its March valuation.
Part of a larger narrative
OpenAI's Funding Race
- Apollo mulls raising SoftBank loan to $9B for OpenAI bets
- OpenAI in talks for $1.2T private round as IPO slips furtheryou are here
What to know
- FT reports OpenAI is in early talks for a private round at roughly $1.2 trillion, up sharply from the $852 billion valuation set in a March raise.
- The talks follow OpenAI's confirmation that it will not pursue an IPO this year, despite having confidentially filed a prospectus in June.
- OpenAI's annualized revenue reportedly passed $40 billion last month on GPT-5.6 and Astra launches, even as the company burned $34 billion last year.
- The raise would let existing backers like SoftBank and Thrive Capital increase their stakes while delaying a liquidity event other investors are awaiting; rival Anthropic is separately targeting an October IPO at a $2 trillion valuation.
OpenAI AI developer, maker of ChatGPTAlpesh Patel Rootbridge Capital analystSoftBank OpenAI investorThrive Capital OpenAI investorAnthropic Rival AI developer
How it unfolded 3 developments, newest first · click a bar or a number to jump articlesvideospostscomments
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Revenue surge and Anthropic's rival IPO push frame the raise
Coverage notes OpenAI's annualized revenue topped $40 billion last month, up 20% sequentially on the GPT-5.6 rollout, even as it burned $34 billion last year; rival Anthropic is meanwhile preparing an IPO as early as October at a targeted $2 trillion valuation.
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first by Seoul Economic Daily, 8d ago
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OpenAI is reportedly in early talks to raise funding at a $1.2T+ valuation, up roughly 41% from March’s $852B. An IPO is expected in 2027. The company reports over 1B active users, while Q2 revenue grew 18% to $6.7B. But operating margins declined, pushing profitability further
2 more of the top 3 · 7 posts in this stretch
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Man I get the hype, but I feel like in the chaos of the world right now, there’s smarter investments out there on discount that aren’t AI that will produce solid returns at a lower bar of entry. In a bad interest rate environment with low capex, it’s going to be discount days for construction, materials, manufacturing, etc… So many companies are…
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OpenAI Is Reportedly Weighing New Funding Round At $1.5 Trillion Valuation https://www. forbes.com/sites/siladityaray/ 2026/09/16/openai-is-reportedly-weighing-new-funding-round-at-15-trillion-valuation/?utm_source=flipboard&utm_medium=activitypub Posted into Breaking News @ breaking-news-forbes
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OpenAI holds early talks for $1.2T private round
The Financial Times reports OpenAI has held early-stage conversations with investors about a new private funding round valuing the company at about $1.2 trillion ahead of its delayed IPO, letting backers like SoftBank and Thrive Capital expand their stakes while deferring a liquidity event for early investors.
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first by Investing.com News, 8d ago · also Communicate Online, Reuters, The Information, Financial Times, Channel News Asia, Straits Times +15
22 more headlines
- OpenAI targets $1.2 trillion valuation in new funding round Communicate Online · 8d ago
- OpenAI mulls funding round at $1.2 trillion valuation ahead of IPO Reuters · 8d ago
- OpenAI in Early Talks for New Funding Round at $1.2 Trillion Valuation The Information · 8d ago
- Sources: OpenAI has held early conversations with investors about raising another private funding round at a $1.2T valuation before its planned IPO Financial Times · 8d ago
- OpenAI mulls funding round at $1.2 trillion valuation ahead of IPO, FT reports Investing.com News · 8d ago
- OpenAI weighs funding round at over $1.5 trillion valuation Straits Times · 8d ago
- OpenAI weighs funding round at $1.2tn valuation before IPO Financial Times · 8d ago
- OpenAI Weighing Funding Round at Over $1.2 Trillion Valuation Bloomberg.com · 8d ago
- Investors Reportedly Offered OpenAI a New Funding Round After Postponed IPO. Valuation Could Top $1 Trillion. International Business Times · 8d ago
- OpenAI Reportedly Explores New Funding At $1.2 Trillion Valuation Pulse 2.0 · 8d ago
- OpenAI Eyes $1.2 Trillion Valuation in Pre-IPO Funding Round PYMNTS · 8d ago
- OpenAI weighs new funding round at over $1.2tn valuation ahead of IPO Nairametrics · 8d ago
- OpenAI Discusses Funding at $1.2 Trillion Valuation Ahead of IPO: Report TheEnergyMag · 8d ago
- OpenAI weighs fresh funding round at $1.2 trillion valuation ahead of IPO: Report Fortune India · 8d ago
- OpenAI Considers Pre-IPO Funding Round at More Than $1.2 Trillion Valuation WSJ · 7d ago
- OpenAI Is Reportedly Weighing New Funding Round At A Valuation Of Upto $1.5 Trillion Forbes Business · 7d ago
- OpenAI IPO looks like a no-go: Sam Altman is discussing a new round of VC funding valuing the company at $1.2 trillion Fortune · 7d ago
- OpenAI eyes $1.2 trillion funding round: Report Anadolu Agency · 7d ago
- OpenAI is exploring a new funding round that would value it at $1.2 trillion Quartz · 7d ago
- OpenAI investors have approached the company about a new funding round CNBC · 7d ago
- OpenAI mulls funding round at $1.2 trillion valuation ahead of IPO: Reports ET Enterprise AI · 7d ago
- OpenAI Weighs Funding Round at $1.2 Trillion Valuation Bloomberg Tech · 7d ago
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first by Finimize, 8d ago · also NYT, The Asia Business Daily
2 more headlines
- OpenAI Considers New Financing at a $1.5 Trillion Valuation Mastodon · 8d ago
- OpenAI Eyes $1.5 Trillion IPO Valuation, Surpassing Investor Offers The Asia Business Daily · 8d ago
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OpenAI confirms it will not IPO this year
AI stocks fell after leading AI CEOs called for development to be slowed and OpenAI said it is no longer planning an IPO this year; analysts suggested the delay could ultimately boost OpenAI's eventual valuation.
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background
OpenAI raises $122B at $852B valuation — OpenAI closed a private funding round of $122 billion at an $852 billion post-money valuation, the benchmark against which the newly reported $1.2 trillion talks represent a sharp step-up.
Also covered reported alongside — the timeline has no entry for these yet
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first by Seeking Alpha, 8d ago · also RuntimeWire, Anadolu Agency
2 more headlines
- OpenAI seeks a $1.2T-plus valuation while projecting $278B cash burn RuntimeWire · 5d ago
- OpenAI seeks $1.2T valuation as projections show $278B cash drain by 2030: Report Anadolu Agency · 5d ago
and 2 smaller pieces
What people are saying 4 voices from 2 sites · best of 7 · verbatim
- Sep 16
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If you need 100b to keep the lights on and you're turning to debt for that then you absolutely can go somewhere sometime soon.
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Ahahahah so OpenAI isn't “considering a new funding round at about $1.5 trillion,” that's how much it wants and investors wanted to invest at $300 billion less. Hilarious
- Sep 15
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🚨 OPENAI IS IN TALKS FOR ANOTHER FUNDING ROUND, AT A $1.2 TRILLION VALUATION. but the details are more interesting: > valuation jumped 41% in just 6 months > annualized revenue jumped 20% after GPT-5.6 now passing $40B/year > investors approached OpenAI (not the other way) > reason for raising: O...
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Scoop: OpenAI is in talks with investors for a new round at a ~$1.2tn valuation. Convos are early and terms could change, not least because the market is working out how to price in existential risk from AI. w/ George Steer
