OpenAI reportedly raises $11 billion at a $1.25 trillion valuation
AIAccording to Bloomberg sources cited by SiliconANGLE, OpenAI has reportedly raised $11 billion in a funding round that could grow by up to $9 billion more. The deal is expected to value OpenAI at $1.25 trillion, potentially surpassing Anthropic's market capitalization, while Anthropic reportedly seeks a $1.5 trillion valuation in its upcoming IPO.
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The report gives the funding size, the reported valuation and its rivalry with Anthropic, which helps readers gauge the competitive and financial stakes of the deal.
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SiliconANGLE · AI · Maria Deutscher · siliconangle.comPublished · added here
Original title: OpenAI reportedly raises $11B in new funding at $1.25T valuation