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OpenAI has secured $11 billion in a new funding round that values the company at $1.25 trillion, according to Bloomberg sources. The round hasn't closed yet and is expected to reach roughly $20 billion in the coming weeks, falling short of the $30 billion target Bloomberg reported OpenAI was pursuing in September.
Investors in Anthropic now doubt the AI company can reach even a $1.5 trillion valuation at IPO, down from earlier talk of $2 trillion, according to people who spoke to CNBC. One investor called $1.5 trillion a 'stretch' and suggested $1 trillion to $1.25 trillion is more realistic, though figures could shift with market conditions. Anthropic, which was privately valued at $965 billion in May, declined to comment and is expected to begin its IPO roadshow next week under the ticker ANT.
OpenAI has closed a new funding round valuing the company at $1.25 trillion, raising roughly $11 billion so far, according to Bloomberg. The company is reportedly still seeking additional investment that could push the total to $20 billion, short of an earlier target of $30 billion at a $1.4 trillion valuation.
Prospective investors in Anthropic's planned IPO are now discussing a valuation of $1.2 trillion to $1.3 trillion, down sharply from $1.4-1.5 trillion just days earlier and from $2 trillion floated in early October, Bloomberg reported. The repricing followed a 6.4% Nasdaq 100 plunge that erased roughly $2.3 trillion in market value, and the Wall Street Journal reported some major prospective investors want an even lower price, with one suggesting near $1 trillion. Anthropic declined to comment.
Several major investors have voiced skepticism that Anthropic, the AI company behind Claude, could command a $1.5 trillion valuation in a future IPO. These investors suggest the company may need to settle for a notably lower valuation than that figure when it eventually goes public.
Institutional investors preparing to participate in Anthropic's planned initial public offering are pushing for a more conservative valuation of around $1.5 trillion, according to reports. The push comes as a recent selloff in technology stocks has made some prospective buyers wary of pricing the AI company at the higher valuations previously discussed.
OpenAI closed a new funding round that brought in less than half of its targeted $30 billion, according to reports. The round valued the ChatGPT maker at $1.25 trillion, below the $1.4 trillion figure it had been seeking.
Anthropic is preparing a public listing valued at up to $2 trillion, even as it reported roughly $80 billion in losses in the first half of 2026. Its IPO prospectus states that advanced AI systems, including its own, could pose catastrophic or existential risks to society if not developed responsibly, and that there is no guarantee its safety efforts will succeed.
Anthropic has disclosed financial details ahead of its planned stock market debut, reporting losses exceeding $80.7bn and revenue of $16.3bn for the first half of the year. The company, maker of chatbot Claude, will list on the Nasdaq under the ticker ANT, though the number of shares and price range have not yet been set. Anthropic's valuation is expected to surpass SpaceX's $1.8 trillion listing earlier this year.
A commentary piece argues that many biotech, SaaS and health companies are branding themselves as AI companies primarily to attract investor capital rather than because of genuine AI capability. It compares this trend to past speculative waves, such as firms adding '.com' to their names during the dot-com boom and rebranding around blockchain a decade later.
Blacksmith, which builds continuous integration tools for testing software including AI-generated code, raised a $66 million Series C led by Sequoia Capital at a $1 billion valuation, the company announced Wednesday. CEO Aditya Jayaprakash said annual recurring revenue has grown 17-fold and the platform has run over 90 million CI jobs, with customers including Mercury and Granola.
Citing the Exit Planning Institute's latest report, the article states that as many as 80% of businesses put up for sale fail to sell. The piece, written by an Entrepreneur contributor, attributes stalled sales to owners clinging to unrealistic price expectations, bloated overhead and outdated pricing, and messy or unclear financial records.