OpenAI Eyes $750 Billion Valuation, IPO Plans Emerge Amid Massive Funding Talks

• OpenAI is in early talks to raise tens of billions of dollars at a $750 billion valuation.
• The company is also laying groundwork for a potential IPO, possibly valuing it at $1 trillion.
• Despite high revenue, OpenAI is not yet profitable due to massive computing and infrastructure costs.
• Amazon is reportedly in discussions to invest in OpenAI, intensifying Big Tech AI competition.
• CEO Sam Altman indicates trillions of dollars may be needed for future AI infrastructure.

Why It Matters: OpenAI seeks massive funding at $750B valuation, preparing for IPO amidst high costs and intense AI competition.