OpenAI has held early talks with investors about a new private funding round that could value the ChatGPT maker at more than $1.2 trillion. This new raise comes six months after the company completed a $122 billion deal in March, which set an $852 billion value backed by major tech investors like Amazon AMZN +2.28% ▲ and Nvidia NVDA +2.61% ▲ . If completed, the new deal would serve as a final private funding step before an initial public offering. READ MORE
OpenAI courts private equity to join enterprise AI venture
OpenAI (OPAI.PVT) is in advanced talks with private equity firms including TPG, Advent International, Bain Capital and Brookfield Asset Management to form a joint venture that would distribute its enterprise products across the firms' portfolio companies and beyond, four people familiar with the matter said. READ MORE
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