OpenAI races to lock in investor commitments for ~$30B private round ahead of Anthropic's mid-November IPO, sources say

OpenAI is racing to lock in investor commitments for a private funding round of about $30B ahead of rival Anthropic's expected public market debut in mid-November, according to sources. SoftBank and Abu Dhabi's MGX are in funding discussions, with the round potentially valuing OpenAI at over $1.4T.

Detected & updated continuously · Source: Nebula