OpenAI targets $1.2T valuation before IPO
The article discusses OpenAI's expectations of achieving a valuation of up to $1.2 trillion before its initial public offering (IPO), according to conversations with major investors. This comes after the company's market value reached $852 billion following a funding round in March, which secured commitments totaling $122 billion. The company is seeking to extend the postponement of its IPO amid concerns related to safety and security arising from advancements in artificial intelligence. It is also working to implement regulatory measures to ensure safety and prevent misuse.
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