OpenAI’s $30 Billion Raise Would Value It at $1.4 Trillion
OpenAI is reportedly seeking $30 billion at a $1.4 trillion valuation, even as internal warnings about unsafe AI testing surface publicly.
Daniela Kirova is a senior writer at Fathom, covering the business of AI. Her beat is the money: funding rounds and what the terms imply, valuations and what has to be true to justify them, earnings from the companies building and selling AI, acquisitions, IPOs and the market structure forming around all of it. She reports on the capital flowing into compute and data centres as the sector's clearest signal of intent, since infrastructure spending commits a company in a way a product roadmap does not. She is drawn to the arithmetic underneath an announcement, and to the distinction between revenue and the expectation of revenue, which she regards as the most frequently blurred line in technology coverage. Her stories generally start from a filing, a disclosure or a set of figures rather than from a statement about them.
OpenAI is reportedly seeking $30 billion at a $1.4 trillion valuation, even as internal warnings about unsafe AI testing surface publicly.
NEAR Protocol rose 7% in 24 hours as traders bet on its pitch as an AI-native blockchain built for autonomous agents and chain abstraction.
US and China agreed to a bilateral AI incident hotline after a Trump-Xi summit, the first such channel between the two AI superpowers.
Commissioner Hester Peirce will leave the Securities and Exchange Commission on Oct. 2, removing its best known crypto advocate 17 days after the Senate let the CLARITY Act…
Bernie Sanders and Rep. Greg Casar unveiled a bill to ban artificial superintelligence and create a federal Department of Artificial Intelligence.
An AI coding agent flaw named Plugin4Shell hit four major tools. Claude Code and Codex are patched. Copilot and Gemini CLI remain exposed.
Anthropic and Accenture will invest $2 billion to embed safety evaluators inside AI labs, the first test of Dario Amodei's slowdown proposal.
Security researchers at Hacktron AI used Anthropic's Claude to breach OpenAI's private GitHub in under 72 hours, earning a $6,500 bounty.
Arbitrum climbed 15% in 24 hours as trading volume neared $469 million, reviving interest in Ethereum's largest layer-2 scaling network.
Anthropic is reportedly targeting a Nasdaq listing near a $2 trillion valuation, days after its CEO urged slowing frontier AI development.