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AI startups’ high-velocity valuations are shooting sky-high

The race to invest in AI startups is pushing funding to new heights. Anthropic is reportedly close to a fundraising round with a $170 billion valuation, just five months after a $61.5 billion valuation.

Jon Keegan, Hyunsoo Rim

7/30/25 1:40PM

Investors are pouring billions into AI startups at a feverish pace, and valuations are shooting sky-high.

Yesterday, Bloomberg reported that Anthropic is closing in on a $5 billion fundraising round, with an eye-popping valuation of $170 billion. That’s a 176% increase in five short months from its $61.5 billion valuation in March.

Anthropic’s sharp rise in value comes as its sales are increasing at a brisk pace. Bloomberg reports that the startup is pulling in $5 billion in annual recurring revenue, and that the company sees that reaching $9 billion by the end of the year.

OpenAI’s valuation roughly doubled over six months from $157 billion last October to $300 billion after raising $40 billion in a round led by SoftBank.

Middle East money

As AI companies look for deep-pocketed investors to help pay to train new models and build data centers, all eyes are pointing to sovereign wealth funds in the Middle East.

Wired reports that Dario Amodei, Anthropic’s cofounder and CEO, recently announced to staff that the company would pursue investments from Middle Eastern countries, despite earlier opposition.

During President Trump’s trip to the Middle East, a flurry of investments were announced, sending a clear signal that the taps were open.

Saudi Arabia’s Humain announced a deal with Nvidia to build 500 megawatts of AI data centers filled with the company’s GPUs, and OpenAI announced a partnership to build “Stargate UAE.” There were also reports that OpenAI has discussed raising money from Saudi Arabia’s Public Investment Fund.

And the rush to invest in AI isn’t just limited to the startups seeking to build foundational models. Companies deep in the AI ecosystem like Databricks and Scale AI are currently valued at $62 billion and $29 billion, respectively. Scale AI recently saw its CEO depart to run Meta’s “Superintelligence Lab”; it also secured a $14.3 billion investment from the company.

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Meta: Facebook is for the children, basically

Meta has a youth problem that it keeps trying to fix using old stuff. This time it’s trying to bring back “pokes” — a feature from yesteryear the social media company had buried that allows users to digitally nudge others without having to say anything.

To make the feature shiny and new, the company is adding “counts,” along with a dedicated poke button and page, so users can keep track of who they poked or were poked by and how much.

Meta is hoping the updated feature will lead to more usage from young people, who’ve already started to adopt the practice thanks to previous pushes by Meta. Social media companies, like Snapchat and TikTok, have previously gotten into hot water before for similar gamification elements like “streaks” that critics have said are addictive.

The average age of Facebook users has been ticking up for years as the company loses young people to newer services, including Instagram, which Meta bought more than a decade ago, back when it was still called Facebook. According to the latest data from Pew Research Center, released last winter, teens were way less inclined to use Facebook than TikTok, Instagram and Snapchat.

Facebook is trying to make 'pokes' happen again | TechCrunch

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OpenAI is working on a “jobs platform” for people who lose their jobs to AI

OpenAI has some good news and bad news for workers. The bad news? AI will probably take your job. The good news? The company will offer AI-powered classes to retrain you, and try to help you get a job as a certified AI pro.

The company announced plans for the OpenAI Jobs Platform, in partnership with Walmart, John Deere, and Accenture, to help workers looking to level up their AI skills, and match them with companies seeking such candidates.

In a blog post announcing the plan, the company wrote:

“But AI will also be disruptive. Jobs will look different, companies will have to adapt, and all of us—from shift workers to CEOs—will have to learn how to work in new ways. At OpenAI, we can’t eliminate that disruption. But what we can do is help more people become fluent in AI and connect them with companies that need their skills, to give people more economic opportunities. “

Using AI-powered instruction, users can receive certification for their training, and OpenAI said it is committing to certifying 10 million Americans on its platform by 2030.

Expanding economic opportunity with AI