OpenAI has recently held discussions with large investors about a fresh capital raise ​that would increase the ChatGPT maker's valuation to ‌about $1.2 trillion before it goes public, the Financial Times reported on Tuesday, citing people familiar with ​the matter.

The conversations with investors are at ​an early stage and the figure ⁠could change over the coming months, said ​the report, adding that the talks were initiated ​by investors rather than the company.

OpenAI declined to comment on the report. It comes at a tine when OpenAI and rival Anthropic are pushing for greater regulation ​of artificial ​intelligence to ⁠ensure the technology is developed in ways that promote safety amid ​concerns about security and misuse.

The company had closed a funding round ​in March with $122 billion in committed ​capital, valuing it at $852 billion. 

OpenAI CEO Sam Altman said on ‌Saturday ⁠that the company would not go public in 2026, citing safety concerns over artificial intelligence.

Anthropic is expected ​to ⁠begin marketing its initial public offering in mid-October at the earliest and complete the ⁠listing ​days before the US midterm ​elections in November, Reuters reported earlier this month.