OpenAI delays IPO over AI safety concerns

OpenAI has pushed its IPO to next year and is in talks with investors on a new private funding round, seeking $30 billion or more at a valuation of about $1.4 trillion. The company previously canceled its latest model release citing safety concerns, while launching an AI assistant called Dots; annualized revenue has grown more than 70% since GPT-5.6 launched in July and now stands at about $70 billion.