OpenAI in Talks for New Funding Round at $1.2 Trillion Valuation Before IPO

Hesamation · x · 2026-09-16

OpenAI is reportedly in talks for a new funding round at a $1.2 trillion valuation. Key details: valuation jumped 41% in six months; annualized revenue rose 20% after GPT-5.6, now passing $40B/year; investors approached OpenAI rather than the reverse. The raise comes as OpenAI still "needs capital" after burning $34B last year, mostly on R&D and training, ahead of a planned IPO.

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