Skip to content
Back to all stories
TNW | Openai

OpenAI reportedly races to close $30bn round before Anthropic’s IPO

SoftBank and Abu Dhabi’s MGX are in talks to join a raise that could value OpenAI above $1.4tn.

Tarun Mottlia

Via TNW | Openai

·Excerpt
OpenAI reportedly races to close $30bn round before Anthropic’s IPO
Image: OpenAI chief executive Sam Altman at the company’s DevDay event in San Francisco, 29 September 2026.

OpenAI chief executive Sam Altman at the company’s DevDay event in San Francisco, 29 September 2026.

Credit: OpenAI

OpenAI is trying to speed up a funding round of about $30bn to secure investor commitments before Anthropic lists its shares in mid-November. The round could value the ChatGPT maker at more than $ 1.4 trillion.

Reuters reported the plan on Monday, citing two people familiar with the matter. OpenAI and SoftBank declined to comment to Reuters, while Anthropic and MGX did…

Continue reading on TNW | Openai ↗

Courtesy

This story was originally published by TNW | Openai. All rights belong to the original publisher.

Read the original on thenextweb.com ↗
Lazy Founder - Powered by Blogy.in

Contact us

Have a story tip, correction or partnership idea?

Write to us at tarun.kumar@blogy.in or talk to the founder directly. We read every message.

Contact us