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OpenAI speeds up a US$30 billion round ahead of Anthropic's IPO

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Image: El Ecosistema Startup

OpenAI is negotiating to close a financing round of about US$30 billion before its rival Anthropic goes public, according to Reuters. The deal could value the maker of ChatGPT at more than US$1.4 trillion, although FinanceFeeds reports more recent terms near US$1.25 trillion. SoftBank and MGX appear among the investors in talks. Anthropic filed a confidential draft S-1 and its debut is expected in November. OpenAI plans its own IPO for 2027.

In 35 seconds

  • OpenAI seeks to close about US$30 billion before Anthropic's market debut, with SoftBank and MGX among investors in talks.
  • The valuation under discussion exceeds US$1.4 trillion, though more recent reports point to about US$1.25 trillion.
  • Anthropic has already filed a confidential draft S-1 and its debut is expected in November.
Read the full story at El Ecosistema Startup

IASummary generated by artificial intelligence from a story by El Ecosistema Startup. It may contain errors: the original source prevails.

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