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Secondary Share Sale

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OpenAI Investors Pitch New Funding Round at $1.2 Trillion Valuation

Investors have approached OpenAI proposing a fresh funding round that could value the company at $1.2 trillion, though no formal talks have begun, according to people familiar with the matter. Some backers see the round partly as a mechanism for employees to sell shares, similar to the roughly $7 billion secondary sale OpenAI completed in August following its $122 billion raise at an $852 billion valuation in March.