WORLDTECHOpenAI valued at $1.25 trillion in new funding round
OpenAI is reportedly now valued at $1.25 trillion after a new round of funding that has raised another $11 billion, according to Bloomberg, as rival Anthropic approaches its own initial public offering.
New round adds $11 billion
According to Bloomberg, OpenAI's latest funding round has brought in a further $11 billion and places the San Francisco-based artificial intelligence company at a valuation of $1.25 trillion.
Rapid rise from March funding
The new valuation follows a $122 billion raise from investors in March, when OpenAI was valued at $852 billion. If the new figure holds, the company would rank among the most valuable companies in the world.
Anthropic nears its IPO
The report places the valuation alongside Anthropic, another San Francisco-based artificial intelligence company founded in 2021, which is nearing its initial public offering. OpenAI was founded in 2015.
Open questions
- Will the $1.25 trillion valuation be confirmed by OpenAI or its investors?
- What timing has been set for Anthropic's initial public offering?