OpenAI valued at $1.25 trillion, as rival Anthropic nears its IPO

OpenAI is now valued at $1.25 trillion in a new round of funding that has raised another $11 billion, according to Bloomberg. That would make it one of the world's most valuable companies, not long after raising $122 billion from investors in March at a valuation of $852 billion. Echoing FT and Wall Street Journal []

Excerpt provided by The Verge AI via its public feed. Full reporting belongs to the original publisher.