Business

OpenAI targets $1.2 trillion valuation in new investor funding round

Sep 16, 2026

Washington [US], September 16: OpenAI has held talks with major investors about a new capital-raising round that would value the ChatGPT developer at around $1.2 trillion ahead of an initial public offering.
The company closed a funding round in March with $122 billion in committed capital, raising its valuation to $852 billion.
OpenAI Chief Executive Officer Sam Altman previously said the company would not go public in 2026, citing safety concerns related to artificial intelligence.
OpenAI and rival Anthropic are seeking greater regulatory controls on artificial intelligence to ensure the technology is developed in ways that enhance safety, amid concerns over security and misuse.
Source: Emirates News Agency

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Prometheum Capital, HashKey Digital Asset Group, and Velocity Capital Sign Binding MOU to Internationalize Tokenized U.S. Equities

New York [US], September 16: Prometheum Inc. ("Prometheum"), a market infrastructure provider for crypto assets, today announced that its subsidiary Prometheum Capital LLC ("Prometheum Capital"), an SEC-registered, FINRA member crypto asset custodian and clearing broker-dealer, has signed a binding memorandum of understanding ("MOU") with HashKey Digital Asset Group Limited ("HashKey") and Velocity Capital, LLC ("Velocity"), an SEC-registered, FINRA member broker-dealer authorized for traditional securities clearing and execution, to internationalize tokenized U.S. equities.

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OpenAI targets $1.2 trillion valuation in new investor funding round

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