OpenAI working on new $30B raise at $1.25T valuation ahead of IPO

OpenAI is raising $30 billion at a $1.25 trillion valuation ahead of a potential IPO, according to reports. If completed, the round would make OpenAI the most highly valued private company ever, surpassing the $1 trillion mark. The funding would fuel continued AI development and expansion as the company prepares for public markets.