OpenAI raises $11 billion at $1.25 trillion valuation in ongoing round
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- The Verge · AINewsPickOpenAI 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. Rival Anthropic recently filed its S-1 to go public.
- SiliconANGLE · AINewsPickOpenAI 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.
Andrew CurranXPickOpenAI raises $11 billion at a $1.25 trillion valuationAIOpenAI has raised $11 billion at a $1.25 trillion valuation, according to Andrew Curran's post. The attached report says the $11 billion is the initial part of a round that could reach $20 billion, with the rest expected in coming weeks.
- TechCrunch · AINewsOpenAI reportedly raises $11 billion at a $1.25 trillion valuation
AIOpenAI has reportedly raised $11 billion so far in a funding round valuing the company at $1.25 trillion, according to Bloomberg. The round is not yet closed and could total about $20 billion, short of the $30 billion target Bloomberg reported in September. The same day, Bloomberg reported that potential buyers see Anthropic's IPO valuation as low as $1.1 trillion, versus $2 trillion expected about a month earlier.
Rohan PaulXPickOpenAI closes $11 billion first tranche of funding at $1.25 trillion valuationAIBloomberg reports that OpenAI closed an $11 billion first tranche of a new funding round that values the company at $1.25 trillion. Investors wired the cash on the same day, and the rest of the round, up to $20 billion in total, is expected within weeks.
