OpenAI raises $11 billion at a $1.25 trillion valuation
AIOpenAI is valued at $1.25 trillion in a new funding round that has raised $11 billion, according to Bloomberg. Bloomberg reports OpenAI is still pursuing investments that could bring the total to $20 billion, below the $30 billion it had hoped for at a $1.4 trillion valuation, after tech stocks fell and midterm results showed declining public support for AI companies.
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The Verge · AI · Stevie Bonifield · theverge.comPublished · added here
Original title: OpenAI valued at $1.25 trillion, as rival Anthropic nears its IPO