OpenAI has been valued at $1.25 trillion in a new funding round that raised another $11 billion, making it one of the world's most valuable companies. The company was originally targeting a $30 billion raise at a $1.4 trillion valuation before tech stock declines tempered expectations. Meanwhile, rival Anthropic is reportedly nearing its own IPO.
Background
OpenAI has been on a rapid valuation escalation since its $86 billion valuation in March 2024, reflecting massive investor demand for AI infrastructure and model development. Anthropic, another leading AI lab founded by former OpenAI researchers, has been preparing for a public offering amid intensifying competition.
- Source
- The Verge
- Published
- Nov 7, 2026 at 07:46 AM
- Score
- 8.0 / 10