OpenAI valued at $1.25 trillion, as rival Anthropic nears its IPO
Crossing a trillion-dollar valuation cements OpenAI among the world's most valuable companies and highlights the unprecedented scale of capital flowing into frontier AI labs.
Covered by 2 sources · first reported by TechCrunch
What happened
OpenAI has reached a $1.25 trillion valuation after raising $11 billion in a new funding round, according to Bloomberg, with plans to pursue up to $20 billion in total investments. The milestone comes as rival AI lab Anthropic approaches its initial public offering.
Who it’s about
- OpenAI
- Anthropic