OpenAI valued at $1.25 trillion, as rival Anthropic nears its IPO
OpenAI has reached a valuation of $1.25 trillion following a new $11 billion funding round, while its competitor Anthropic prepares for an IPO. The sector faces headwinds due to shifting public opinion on AI safety and data center projects.
Why it matters
The massive valuation of AI firms highlights the intense capital investment in the sector despite growing public and regulatory scrutiny.
OpenAI is now valued at $1.25 trillion in a new round of funding that has raised another $11 billion, according to Bloomberg. That would make it one of the world’s most valuable companies, not long after raising $122 billion from investors in March at a valuation of $852 billion.
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