00:00It's Benzinga, bringing Wall Street to Main Street.
00:02OpenAI is seeking to raise nearly $30 billion in a new funding round that would value the
00:07company at about $1.4 trillion as it delays its IPO. Investor demand is driving the talks,
00:13according to Bloomberg, although discussions remain in the early stages.
00:16In March, OpenAI raised $122 billion at an $852 billion valuation. The valuation would put OpenAI
00:23back above Anthropik's $965 billion valuation. OpenAI ruled out a 2026 IPO earlier this month,
00:31citing unresolved AI safety and alignment concerns. CEO Sam Altman said the company still has work to
00:36do before going public. OpenAI also recently withheld its GPT 6.1 Astra model under internal
00:43safety standards. Meanwhile, annualized revenue has topped $40 billion, roughly double its level
00:48at the end of 2025. For all things money, visit Benzinga.com.
