OpenAI Races to Raise $30bn Ahead of Anthropic IPO as AI Valuations Face Market Pressure
By Samuel NwiteNigeria
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OpenAI is accelerating efforts to secure investor commitments for a funding round of about $30 billion that could value the ChatGPT developer at more than $1.4 trillion, seeking to lock in capital before rival Anthropic’s expected stock market debut in mid-November, people familiar with the matter told Reuters. The unusually compressed fundraising timetable highlights intensifying […]
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About this article
- Length
- 78 words · 1 min read
- Published
- October 20, 2026
- Byline
- Samuel Nwite
- Source
- Tekedia