OpenAI surges to first place as Forge's Private Mag 7 hit $1.2 trillion
CNBC Television·2025-09-19 16:50

Private Market Overview - The "private Mag 7" companies have a combined worth of $1.2 trillion, nearly doubling in the past year [2] - Gains of the "private Mag 7" are triple the gains of their public market counterparts [2] - Investor demand is intense, with 19 firms in Forge's AI basket raising $65 billion this year, representing 77% of all private market capital raised [3] Key Players and Market Dynamics - Anthropic has overtaken Stripe and Data Bricks to claim the number three spot behind OpenAI and SpaceX [2] - Some firms are growing revenue up to 300% on billion-dollar bases [3] - Talent and tech are being acquired by listed giants eager for AI exposure [5] Concerns and Potential Shifts - Valuations are considered "insane" and a "bubble" by some, including Sam Altman [4] - Regulation could force these companies public if they become "too big to be private" [5] - Meta is taking a 49% stake in Scale AI for almost $15 billion [7]