{
  "id": 972854,
  "title": "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)",
  "url": "https://urgent.news/2026/08/15/effective-altruism-hit-by-the-sbf-turmoil-is-drawing-record-funding",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-15T06:30:04.000Z",
  "source": {
    "name": "Techmeme",
    "slug": "techmeme",
    "url": "https://www.ft.com/content/938b4b82-06d2-4b92-a807-38d935d7d5c5?accessToken=zwAAAaAEPNRakdOTi0uCBtJLktOoBzjZNdfVxQ.MEYCIQDcPchDQdIO1Fm-T4Polp5oSopL6QJtOA3vKdt6zwTOzwIhAJmpJHB_Vq5e1UuUVXPz02Wwgxd7jLa5y2NbONQrsbiY&sharetype=gift&token=97086913-6963-49d8-ac21-e6310381e324"
  },
  "original_language": "en",
  "account": null,
  "summary": "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.\n\nAccording to some investors, Anthropic's expected IPO may value the company at $2 trillion to $3 trillion, surpassing SpaceX's $1.7 trillion valuation.\n\nOpenAI 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.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}