OpenAI weighs funding round at $1.2tn valuation before IPO

OpenAI is considering a new funding round with a valuation of $1.2tn before proceeding with a delayed IPO. The start-up led by Sam Altman aims to capitalize on the significant demand for its technology following the launch of new models. This strategic financial move comes as the company prepares for its eventual public offering, leveraging its current market position and the high interest in its artificial intelligence capabilities to secure substantial investment.