OpenAI Lowers Valuation to $1.25 Trillion Ahead of Anthropic IPO
OpenAI reduced its funding valuation to $1.25 trillion, below the $1.4 trillion target, as demand fell and investors await Anthropic's IPO.
Claude, Grok, ChatGPT, and Gemini are all down today, with OpenAI confirming 15 affected services and others investigating.
Today, AI models including Claude, Grok, ChatGPT, and Gemini are reportedly facing outages.
Users across platforms are saying they cannot access the models, which are run by Anthropic, X, OpenAI, and Google respectively.
OpenAI has acknowledged that 15 of its services are affected and that it is working on a resolution.
Claude's status page noted that its Mythos, Fable, and Opus models were impacted, and it now reports problems with Opus 4.8 and Opus 5.
The other models, according to the tracker, have âhave recovered to baseline error rate.â
youâre laughing? grok is down. claude is down. openai is down. the only coding model available today is gemini 3.8 flash⊠and youâre laughing?? pic.twitter.com/sE5WJ2YIjj
â NIK (@ns123abc) September 3, 2026
Related: Search engines fix Claude leak but Perplexity usersâ files still online
X confirmed that Grok is experiencing issues and is investigating, while Cursor said that âAll Grok models, automations, cloud agents, Grok bot and review agentsâ are facing âservice degradation.â
Google's status page states there are no problems with Gemini. However, Down Detector reports hundreds of complaints over recent hours, indicating it is not working for some users.
As of this writing, none of the AI companies have addressed the outages on X.
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OpenAI reduced its funding valuation to $1.25 trillion, below the $1.4 trillion target, as demand fell and investors await Anthropic's IPO.
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