OpenAI reportedly raises an additional $11 billion at a $1.25 trillion valuation
OpenAI has reportedly secured $11 billion in a new funding round valuing the company at $1.25 trillion, with the round expected to close soon and potentially reach $20 billion total. This falls short of a previous $30 billion target. Meanwhile, competitor Anthropic faces lower valuation expectations, and OpenAI has delayed its IPO plans amid market uncertainty.
Key signals
- 01OpenAI raises $11B at $1.25T valuation
- 02Funding round may total $20B, below $30B target
- 03Anthropic valuation drops; OpenAI IPO delayed
OpenAI reportedly raises an additional $11 billion at a $1.25 trillion valuation, published by TechCrunch.
OpenAI has reportedly raised an additional $11 billion as part of a funding round that hasn't closed yet but is expected to in the coming weeks.
TechCrunch
Read the full story at the source: techcrunch.com.
Curated automatically from TechCrunch. Infrenic News links to the original publisher and does not republish its content.
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