According to Bloomberg and the Financial Times, OpenAI's latest funding round values the company at $1.2 trillion, while the New York Times reports a valuation of $1.5 trillion, a difference of $300 billion. OpenAI's annualized revenue run rate is $40 billion, but it is not expected to achieve profitability until 2030. Meanwhile, its competitor Anthropic has an annualized revenue run rate of $65 billion and may already be profitable. Anthropic plans an IPO with a target valuation of up to $2 trillion, potentially surpassing OpenAI's current funding valuation before either company goes public.