OpenAI raises $122B at $852B valuation

OpenAI closed a $122B funding round at an $852B valuation while running at $2B monthly revenue, though a separate $6B share sale stalled out with no buyers. Anthropic leaked Claude's source code in their second security incident this month, then turned around and bought biotech startup Coefficient Bio for $400M.

Image via The Stack

Bloomberg

OpenAI's inability to sell $6 billion in shares even after bank-orchestrated valuation cuts reveals weakening investor confidence and a troubling gap between private market expectations and real-world demand for AI company equity.

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Uh oh! Claude source code is now public

TechCrunch

Anthropic's second major accidental data exposure in a week leaked Claude Code's full source architecture to the public, raising questions about operational security at a company that has built its brand on responsible AI practices.

anthropicclaudesecuritydeveloper-tools

Anthropic buys biotech startup Coefficient Bio in $400M deal

TechCrunch

Anthropic acquired AI biotech startup Coefficient Bio for $400 million in stock to strengthen its healthcare and life sciences capabilities, bringing on a team of former Genentech researchers specializing in computational drug discovery.

anthropicacquisitionbiotechdrug-discovery

French AI lab Mistral raised $830M in debt financing

Substack

Mistral raised $830M in debt to build a Paris-based AI data center launching in Q2 2026, underscoring European ambitions for sovereign AI infrastructure and computational independence.

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OpenAI Raises $122B at an $852B Valuation

OpenAI

OpenAI raises $122B at $852B valuation, demonstrating explosive growth with $2B monthly revenue and a strategic focus on building compute-driven infrastructure and integrated agentic products to capture enterprise AI adoption at scale.

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