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OpenAI Reportedly Looking to Hurry and Get Valued at $1.4 Trillion Before Anthropic IPO

The frontier AI valuation horserace is getting intense.

Tarun Mottlia

Via Gizmodo

·Excerpt
OpenAI Reportedly Looking to Hurry and Get Valued at $1.4 Trillion Before Anthropic IPO
Image: OpenAI CEO Sam Altman © Andrew Harnik / Getty Images

In what Reuters’ anonymously-sourced report assesses as an “unusually fast” fundraising strategy, OpenAI is apparently looking to past investors like SoftBank and Abu Dhabi’s MGX to inject it with fresh capital in order to climb to a potential valuation of $1.4 trillion or more.

Anthropic has led OpenAI in valuation quite authoritatively since May of this year. Late last month, analysts were forecasting a $2 trillion IPO for Anthropic in November, but money-knowers have speculated more recently that its market…

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