OpenAI valued at $1.25 trillion, as rival Anthropic nears its IPO
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TL;DR
- OpenAI's valuation has reached $1.25 trillion after raising $11 billion in a new funding round.
- CEO Sam Altman stated that OpenAI is prioritizing safety over an IPO.
- OpenAI had previously raised $122 billion in March at an $852 billion valuation.
- The company is reportedly seeking an additional $20 billion in investments.
- OpenAI's rival, Anthropic, has filed its S-1 to go public.
- Sam Altman indicated that delaying an IPO for too long could be detrimental to the world.