AI mega-valuations and growth
OpenAI is reported to be raising $11B at a $1.25T valuation and Anthropic to be planning an IPO at $1.5T. OpenAI's CFO cites 70% QoQ growth and 1.2B weekly users.
What we know
@coinbase relays Coinbase Predict's headlines on OpenAI's raise and Anthropic's planned IPO before Thanksgiving. An account on X quotes OpenAI CFO Sarah Friar on a breakout Q3. Another account on X notes Citrini rotating its neocloud short from NBIS to IREN ahead of NBIS earnings. Another account on X reports Grok 4.7 beating GPT-6.1 Sol in an AI game.
How the story developed
OpenAI is reported to be raising $11B at a $1.25T valuation and Anthropic to be planning an IPO at $1.5T. OpenAI's CFO cites 70% QoQ growth and 1.2B weekly users.
METR and Palisade point to faster AI progress, while Anthropic and OpenAI valuations and an Anthropic IPO are in focus.
OpenAI introduced a GPT-6 Cyber model reportedly finding hundreds of vulnerabilities, and announced a JPMorganChase partnership. Meanwhile there is chatter about whether Anthropic still IPOs.
Arthur Hayes warns that SpaceX, Anthropic and OpenAI IPO supply will drain capital from AI, while Asian chipmakers fell on post-midterm AI worries and Microsoft rejected an Nscale deal.
Delta League launches weight-editing contests, OpenAI hired Anthropic's Cat Wu for product, and the political fight over data centers continues.
OpenAI is doubling Pro-tier usage limits, and a viral post alleges Anthropic's research overlaps with an independent researcher's work.
Revolut reportedly moved ~2,000 engineers to self-hosted GLM at roughly a tenth of its prior Anthropic cost, relegating Claude Code and Codex to exceptions.
OpenAI's new round is coming in below its $30B target at around $20B, while Anthropic plans up to $3.5B of Japanese share sales ahead of its Nasdaq IPO.
Anthropic is reportedly seeking up to $3.5B in a Japan share sale ahead of a Nasdaq listing, while OpenAI deepens ties with the UAE.
Several voices argue the AI compute buildout is early, while the grid gap and cheap AI exploit generation raise concerns. Anthropic reportedly restricted Claude Code from recreating existing games.
Sources
“OpenAI raises $11B at a $1.25T valuation.”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.