Context: The round would value OpenAI at $1.25 trillion, the highest valuation ever for a private company, ahead of its IPO.
From TechCrunch: Should OpenAI command an over $1 trillion valuation with this round, it would break records as the most highly valued private company ever.
OpenAI · $30BAs stated by TechCrunch.
Speaking at a Wall Street Journal tech conference on Wednesday, the executive touted how the company had been gaining ground in the enterprise market, where rival Anthropic had already successfully made inroads.
The range of $70 to $78 per share implies up to $1.404T fully diluted; SiliconANGLE puts the fundraising goal at $64B.
Sources: Anthropic's bankers are weighing plans to raise its IPO price following heavy demand, which could increase the valuation target to $1.5T or more — Claude maker's listing price expected to rise after strong demand from investors — Anthropic's bankers are weighing plans to increase …
Odessia was founded by Sonder's Francis Davidson; OpenAI has not said what it plans for travel.
S-1: Nvidia plans to invest ~$10B in Anthropic after its IPO, or ~10% of the total new cash Anthropic is expected to raise in November, including in its IPO — Nvidia planned to invest $10 billion in Anthropic alongside its initial public offering, the largest of the new financial commitments from…
A revenue beat and raised full-year guidance, days after CNBC reported CoreWeave's bond yield topped 16% on AI credit stress.
