OpenAI delays IPO citing safety concerns, and seeks 30 billion USD private financing

OpenAI has postponed its IPO to next year and is in talks with investors for a new round of private financing, planning to raise 30 billion US dollars or more at a valuation of about 1.4 trillion US dollars. The company also canceled the release plan of its latest model citing safety concerns, while its annualized revenue has grown by more than 70% since the launch of GPT-5.6 in July, and is currently about 70 billion US dollars.