EconomyOpenAI valued at $1.25 trillion as rival Anthropic nears IPO

OpenAI has raised another $11 billion in a funding round that values it at $1.25 trillion, Bloomberg reports. It is seeking additional investment that could bring the total to $20 billion, after previously aiming for as much as $30 billion at a $1.4 trillion valuation. Rival Anthropic filed to go public last week.

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TThe Verge★★★☆☆2026-11-06 23:46Original