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Sources: OpenAI is racing to secure investor commitments before Anthropic's expected IPO in mid-Nov. and aims to raise ~$30B; the round could value it at $1.4T+ (Reuters)

Techmeme ·
OpenAI is seeking investor commitments ahead of a rival’s public listing; the funding is not yet secured.

Reuters reports, citing sources, that OpenAI is targeting roughly $30 billion. The round could value the company at $1.4 trillion or more. The timetable centers on Anthropic’s expected mid-November IPO, with OpenAI racing to line up commitments before that debut.

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