Eye On AI: The Never-Ending AI Valuation Escalation Part II
Mar 06, 2025 - news.crunchbase.com
The article discusses the rapid escalation of valuations among AI startups, highlighting significant funding rounds and valuation increases in February. Notably, SoftBank's planned $40 billion investment in OpenAI would value it at nearly $300 billion, almost double its valuation from October. Anthropic raised $3.5 billion, valuing it at $61.5 billion, more than triple its previous valuation. Together AI's valuation jumped to $3.3 billion after a $305 million round, and Harvey doubled its valuation to $3 billion with a $300 million investment. Safe Superintelligence is reportedly in talks to raise $1 billion at a $30 billion valuation, despite having no revenue or product.
The article also mentions Thinking Machines Lab, a new startup by former OpenAI CTO Mira Murati, planning to raise $1 billion at a $9 billion valuation. The trend of AI startups achieving high valuations with little to no revenue or product is noted, with concerns about the sustainability of such valuations. Venture capitalists continue to invest heavily in AI startups despite the slow IPO and M&A market, which may delay returns. The article concludes by emphasizing the ongoing nature of these valuation surges in the AI sector.
Key takeaways:
SoftBank plans a $40 billion investment into OpenAI, valuing it at nearly $300 billion, almost double its previous valuation.
Anthropic raised $3.5 billion at a $61.5 billion valuation, more than triple its valuation from a year ago.
Together AI's valuation jumped to $3.3 billion after a $305 million funding round, a 160% increase from its previous valuation.
Safe Superintelligence is in talks to raise $1 billion at a $30 billion valuation, despite having no revenue or product.
