OpenAI raises $1.25 trillion valuation

There was a new development in the OpenAI investment round. According to Bloomberg, the company has raised $11 billion so far in the new financing round that values ​​it at $1.25 trillion. Additionally, the news was based on sources close to the subject. That's why the figures are based on the information conveyed, not the company's own statement.

However, $11 billion is not the entire round. Because the tour hasn't closed yet. Moreover, its completion is expected in the coming weeks. One source said that the total amount could reach approximately $20 billion. Therefore, the final figure may be higher than now.

In late September, Bloomberg reported that OpenAI planned to raise $30 billion in this round. However, current figures are well below this target. Therefore, the round may be closed with a lower amount than the initial plan. On the other hand, even if $20 billion is realized, it will be behind the target.

TechCrunch also requested comment from OpenAI on the matter. But there has been no response from the company yet. Therefore, the details of the tour are unclear for now.

The news follows another Bloomberg report that came just a few hours ago. Some investors considering buying shares in the IPO of OpenAI's biggest rival, Anthropic, are expecting a lower valuation. According to some potential buyers, Anthropic's value could be as low as $1.1 trillion.

However, about a month ago, it was reported that investors expected a value of 2 trillion dollars. The difference is quite big. Therefore, it can be said that expectations have been re-adjusted for both companies.

OpenAI also signaled that it could go public this year. However, the company later postponed the plan. The expectation now is for the IPO to happen sometime within the next year. Thus, the investment round becomes one of the important steps before a possible public offering.

The artificial intelligence market is currently going through a sensitive period. Especially the big victory of the Democrats in the US midterm elections created uneasiness in the market. Moreover, voters' reaction to data centers is predominantly negative.

For this reason, many people expect new regulatory challenges in the future. Still, the OpenAI investment round shows continued interest in the company. Because the $1.25 trillion valuation reveals that investors are still sitting at the table with large numbers.

The next step will be the closing of the tour. According to Bloomberg, this could happen within the next few weeks. The public offering is expected for next year.