Rohan Paul
@rohanpaul_ai
Bloomberg: OpenAI is targetting to raise at least $30B in a new round of funding and is seeking a valuation of around $1.4 trillion, pre-money.
This talk is happening now because Sam Altman has ruled out listing in 2026 over AI safety concerns, calling this an "ill-advised moment" for an IPO.
Today, Axios also reported OpenAI's annualized run rate is nearing $70B, up more than 70% since the quarter began, with business revenue more than doubling.