OpenAI has raised $11 billion so far in a round valuing it at $1.25 trillion, Bloomberg reports via TechCrunch. The round could reach about $20 billion when it closes in the coming weeks. That’s well short of the $30 billion target reported in September.
Meanwhile
Bloomberg also says some would-be buyers in Anthropic’s IPO are eyeing a valuation as low as $1.1 trillion, versus the roughly $2 trillion expected a month ago. OpenAI’s own IPO is now expected next year.
My take
Still unreal money, but the curve is flattening. Watch for that to show up as pricier tokens and tighter usage caps on the tools we use every day.
God Bless, and Happy hacking!
