OpenAI valued at $1.25 trillion, as rival Anthropic nears its IPO — SkimNews
Get the Tech newsletter
Daily tech — startups, AI labs, chips, the launches that shape the next decade. Free.
- OpenAI raised $11 billion in a new funding round, reaching a $1.25 trillion valuation, up from $852 billion in March, according to Bloomberg.
- OpenAI is still pursuing additional investments that could bring the total to $20 billion, having initially aimed for $30 billion at a $1.4 trillion valuation before market conditions shifted.
- Sam Altman stated that OpenAI is prioritizing safety over a rapid IPO, reiterating that while delaying too long could be 'bad for the world,' the company won’t rush its public listing.
- Anthropic has filed its S-1 to go public, positioning itself as a direct competitor to OpenAI in the race for an AI IPO, with reports of a potential $1.5 trillion valuation earlier this year.
- Tech stocks and public opinion have shifted against AI firms, with midterms reflecting growing skepticism toward AI and data center projects, impacting OpenAI’s fundraising ambitions.
Why it matters: OpenAI’s $1.25 trillion valuation and delayed IPO contrast with Anthropic’s imminent public filing, creating a split strategy in the AI race: one prioritizes safety and patience, the other accelerates toward public markets. This divergence affects investor allocation, regulatory scrutiny, and the timeline for AI commercialization.
Ask SkimNews
