OpenAI Secures $30 Billion Pre-IPO Funding Round At $1.4 Trillion Valuation

OpenAI is reportedly in talks to raise at least $30 billion in a pre-IPO funding round at a roughly $1.4 trillion valuation, as investors seek exposure to the ChatGPT maker ahead of its eventual public debut. The company, led by CEO Sam Altman, previously raised $122 billion in March at an $852 billion valuation, while run-rate revenue reached $40 billion in August after a 70% jump since July. FOUNDERS: Sam Altman, Elon Musk, Greg Brockman, Ilya Sutskever, John Schulman & Wojciech Zaremba AMOUNT: $30,000,000,000 VALUATION: $1,400,000,000,000 HQ: San Francisco, California #VentureCapital #OpenAI #SamAltman #TradedVC