OpenAI Is Racing To Raise $30 Billion Before Anthropic's IPO. Its Valuation Could Cross $1.4 Trillion.

Source: International Business Times

The talks are taking place just months after OpenAI completed one of the largest private funding rounds on record. AFP OpenAI is accelerating efforts to raise roughly $30 billion from investors ahead of rival Anthropic's expected stock market debut in November, a fundraising push that could value the ChatGPT maker at more than $1. 4 trillion as competition between the artificial intelligence companies extends to Wall Street.