On October 17, 2024, OpenAI, the creator of ChatGPT, announced it has raised $6.6 billion from investors including Thrive Capital and Microsoft. This funding values the company at $157 billion, despite projected annual revenues of around $4 billion.
Meanwhile, Anthropic, the AI firm backed by Amazon and Alphabet, is exploring a new fundraising round that could value it at $40 billion, significantly higher than its last valuation six months ago.
Other notable valuations in the AI sector include Elon Musk's xAI at $24 billion, France's Mistral at $6 billion, and Safe SuperIntelligence at $5 billion, highlighting the rapid growth and investor interest in AI technologies.