OpenAI Weighs Funding Round at $1.2 Trillion Valuation

OpenAI is holding early talks with investors about a fresh funding round that would value the company at more than $1.2 trillion ahead of an initial public offering. Michelle Davis reports on "Bloomberg Open Interest." Video Transcript 00:00 Speaker A What does this mean for the broader ecosystem? $1.2 trillion is huge and we know that Anthropic is also vying to go public. 00:08 Michelle Yeah, so, I mean, it's been a big race uh in the world of AI to see who can get the biggest valuations. SpaceX set a really high bar earlier this year when they IPO'd in the biggest IPO ever. Uh, OpenAI, it was unclear when exactly they would IPO.