OpenAI valued at $1.25 trillion, as rival Anthropic nears its IPO
AI summary
Editorial policyOpenAI has reached a $1.25 trillion valuation after raising $11 billion in a new funding round, following a $122 billion raise in March at an $852 billion valuation.
Key points
- •OpenAI raised $11 billion in a new funding round, bringing its valuation to $1.25 trillion.
- •The company previously raised $122 billion in March at a valuation of $852 billion.
- •OpenAI is now one of the world's most valuable companies as rival Anthropic approaches its IPO.