The Money Crown: Valuations

OpenAI's ~$300B (secondary talks near $500B) tops Anthropic's $183B and xAI's ~$80B merger mark.

The top 3

  1. OpenAI: ~$300B and Climbing: A 2025 SoftBank-led round set OpenAI at a $300B post-money valuation; later employee share sales were discussed near $500B.
  2. Anthropic: $183B Series F: A September 2025 raise of about $13B valued the Claude maker at $183B, up from $61.5B just months earlier.
  3. xAI: $80B via the X Merger: In March 2025 xAI absorbed X in an all-stock deal, valuing xAI at $80B and the combined entity near $113B.

Sources

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