Investors Approach OpenAI to Raise at $1.2 Trillion Valuation before IPO

Investors have approached OpenAI to raise funds at a $1.2 trillion valuation, ahead of a potential initial public offering (IPO). The decision to proceed with this private funding round and its timing hinges on when OpenAI chooses to go public. These conversations were initiated by investors, not by OpenAI itself, indicating significant external interest in the company's future.