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OpenAI valued at $1.25 trillion, as rival Anthropic nears its IPO

TechCrunchOpenAI valued at $1.25 trillion, as rival Anthropic nears its IPO
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What the coverage says

OpenAI is drawing an additional $11 billion in an ongoing funding round, bringing its total valuation to $1.25 trillion according to Bloomberg via The Verge. TechCrunch notes that the round has not yet closed and is anticipated to finish in the coming weeks. The Verge adds that this milestone arrives shortly after the company secured $122 billion from investors during March.

Written by HeadlineShine from 2 outlets' reporting, with AI assistance. Each outlet's own story is listed alongside.

Read the full story on The Verge

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  1. TechCrunch first reported it
  2. The Verge reported it
  3. Latest update
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