OpenAI Hits $1.25 Trillion Valuation With $11 Billion Raise
OpenAI raised another $11 billion, Bloomberg reports. That puts the company's value at $1.25 trillion. It was only months ago, in March, that OpenAI raised $122 billion at an $852 billion valuation. The new round is not closed yet. It should wrap up in the next few weeks. That price tag puts OpenAI among the most valuable companies in the world.
OpenAI is now worth $1.25 trillion after a new funding round.
Additional $11 billion raised. The round is expected to close soon.
Previous March round raised $122 billion at $852 billion valuation
Rival Anthropic is reportedly getting close to its own IPO