OpenAI hits $1.25T valuation, Anthropic nears IPO
openai valued at $1.25 trillion with $11 billion funding, anthropic files for ipo. ai investors watch.
openai has reached a valuation of $1.25 trillion following a new funding round that raised $11 billion. this development comes as competitor anthropic is nearing its initial public offering (ipo), having recently filed its s-1. openai's ceo, sam altman, has emphasized the company's focus on safety rather than rushing into an ipo. previously, openai raised $122 billion at a $852 billion valuation in march. the company had initially sought to raise $30 billion at a $1.4 trillion valuation but adjusted its plans due to market conditions.