Effective Altruism, hit by the SBF turmoil, is drawing record funding as Anthropic and OpenAI IPOs are set to mint new millionaires wedded to "effective giving" (Financial Times)
Expected IPOs for Anthropic and OpenAI are set to mint a new generation of philanthropists wedded to ‘effective giving’
Effective Altruism is drawing record funding as IPOs for Anthropic and OpenAI are set to mint new millionaires committed to "effective giving". The turmoil caused by SBF has impacted Effective Altruism, but it is now receiving more funding.
According to some investors, Anthropic's expected IPO may value the company at $2 trillion to $3 trillion, surpassing SpaceX's $1.7 trillion valuation.
OpenAI is planning a data center project in Ohio, with Nvidia initially guaranteeing less than $120 billion, down from the previously discussed $250 billion. The project, being developed by SB Energy, a subsidiary of SoftBank, would be the largest data center project announced to date if completed.
Brief written by urgent.news from Techmeme, Economic Times Tech, The Korea Times, MarketWatch Top, MarketWatch — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.
