OpenAI valued at $1.25 trillion, as rival Anthropic nears its IPO
OpenAI is now valued at $1.25 trillion in a new round of funding that has raised another $11 billion, according to Bloomberg.
Key points
- AI usage keeps climbing, but spending has stalled.
That would make it one of the world's most valuable companies, not long after raising $122 billion from investors in March at a valuation of $852 billion.
Price cuts and smarter cost controls among the biggest spenders could challenge investor assumptions about AI hypergrowth.
How this summary was made: extractive summary — built from the sources' own reporting. It is drawn only from the reporting of the sources listed below — read the originals for full detail. How we summarize →
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