AISaaStrabout 2 hours ago
OpenAI Cuts Valuation to $1.25 Trillion
17 min read
OpenAI secured about $11 billion of the $30 billion it sought, lowering its target to $20 billion at a $1.25 trillion valuation. Alphabet lost about $500B in market cap while Google Cloud revenue jumped 103% to $30.7 billion. DoorDash bought Instacart for $17B. Anthropic growth halved from 12x to 2x. Kalshi hit $40B a day after criminal charges.
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