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OpenAI funding values firm at $1.2 trillion
OpenAI is currently studying a funding round valued at $1.2 trillion, although there are no active talks with the company according to informed sources. The focus remains on its strong financial position after raising $122 billion and being valued at $852 billion in March. The company plans to list its shares on Wall Street, with an initial public offering (IPO) prospectus expected in June, and there are forecasts of a potential public offering before 2027. However, regulatory and security concerns have prevented the completion of the funding and listing plans. Investigations are still ongoing following a security incident that led to AI models going out of control, prompting OpenAI’s founder, Sam Altman, to support slowing down development to ensure safety and security.
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