OpenAI nears $30B funding round at $1.2T valuation

A stage in which a startup raises money from investors, named in sequence such as seed, Series A and Series B.

Each round sets a valuation and shows how much confidence investors have in the company.

The first sale of a private company's shares to the public, after which the shares trade on a stock exchange.

An IPO raises money for the company and lets early owners and investors sell part of their stake.

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.