OpenAI is in early discussions with investors for a potential new funding round that could push the valuation of the ChatGPT developer beyond $1.2 trillion as the company prepares for a future initial public offering.The fundraising plans are still under discussion and any decision will depend on the timing of OpenAI’s IPO, according to sources cited in a report by Bloomberg. The AI company’s reported push for new funding comes days after CEO Sam Altman confirmed that his company does not plan go public this year. Key points and original sources are listed below.

• OpenAI is in early discussions with investors for a potential new funding round that could push the valuation of the ChatGPT developer beyond $1.2 trillion as the company prepares for a future initial public offering.The fundraising plans are still under discu...S1

• The AI company’s reported push for new funding comes days after CEO Sam Altman confirmed that his company does not plan go public this year.S2