00:00It's Benzinga bringing Wall Street to Main Street
00:02OpenAI has held early talks with investors about a funding round that could value the
00:07company at more than $1.2 trillion, according to The Wall Street Journal. The ChatGPT developer
00:12was valued at $852 billion in March after raising $122 billion from investors including Amazon,
00:19Nvidia, and SoftBank. The potential financing would come before an IPO expected next year.
00:24OpenAI said it now has more than 1 billion active users and more than 200 million businesses using
00:29its AI models. Revenue rose to $6.7 billion in the second quarter from $5.7 billion in the first
00:36quarter. CEO Sam Altman recently said the company is unlikely to go public this year, citing AI safety
00:41concerns. For all things money, visit Benzinga.com.
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