OpenAI Secures $15B Funding at $1.25T Valuation Amid Anthropic IPO Buzz
AI firm OpenAI has raised $15 billion in fresh capital at a valuation of $1.25 trillion as investors continue to seek exposure to the AI boom. This comes as the company’s rival, Anthropic, prepares to go public as soon as next week, with its offering said to be multiple times oversubscribed. Ad Ad OpenAI Raises The…
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Artificial intelligence
Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.
AI is changing work, media and public services, raising questions about jobs, safety and regulation.
More about Artificial intelligenceInitial public offering
The first sale of a private company's shares to the public, after which the shares trade on a stock exchange.
An IPO raises money for the company and lets early owners and investors sell part of their stake.
More about Initial public offeringMore in AI
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