
Tech News
OpenAI Reported at $1.25 Trillion Valuation as Anthropic IPO Estimates Fall
According to Bloomberg, citing people familiar with the matter, OpenAI has closed about $11 billion of a funding round that values it at $1.25 trillion. The round could reach $20 billion, below the $30 billion first sought at $1.4 trillion. Potential buyers of Anthropic's IPO are discussing $1.2 trillion to $1.3 trillion, according to the same sources.