BloombergLean L·
OpenAI, Anthropic Valuations Fuel VC Fears of Startup Correction
In late September, OpenAI entered discussions for its latest funding round with confidence. After having early discussions with prospective backers who had expressed interest, the company presented its terms: at least $30 billion in new capital at a $1.4 trillion valuation.Few startups have been as successful at fundraising as OpenAI, which was last valued at $852 billion. This time, however, some investors felt the terms were too lofty, according to people familiar with the matter, who spoke on
Read at Bloomberg →
