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OpenAI reportedly speeds up $30 billion round ahead of expected Anthropic IPO
Reuters, citing two people familiar with the matter, reports that OpenAI is accelerating efforts to secure investor commitments for a roughly $30 billion round before Anthropic’s expected IPO. If completed, the financing could value the ChatGPT developer at more than $1.4 trillion.
What to know
- 01
SoftBank Group, MGX and other existing backers are discussing participation, according to one person familiar with the matter.
- 02
Investors familiar with OpenAI say it needs capital for infrastructure spending; funds could also strengthen its balance sheet if worsening IPO conditions delay its planned 2027 listing.
Why it matters
The report links OpenAI’s fundraising timetable to its competition with Anthropic for the same pool of investors.
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