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AI CURATED HOT STORY · 10/20/2026

OpenAI Seeks $30B Raise at $1.4T Valuation Ahead of Anthropic IPO

1 reports archived1 independent sourcesupdated 10/20/2026, 07:51:53
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OpenAI is accelerating a ~$30 billion fundraising round with a potential valuation exceeding $1.4 trillion, aiming to secure investor commitments before rival Anthropic's expected mid-November IPO. Existing backers like SoftBank and MGX are in talks, as OpenAI seeks to solidify its capital position and fund massive infrastructure needs.

LATEST/OpenAI is accelerating a ~$30 billion fundraising round with a potential valuation exceeding $1.4 trillion, aiming to secure investor commitments before rival Anthropic's expected mid-November IPO. Existing backers like SoftBank and MGX are in talks, as OpenAI seeks to solidify its capital position and fund massive infrastructure needs.

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OpenAI Seeks $30B Raise at $1.4T Valuation Ahead of Anthropic IPO | Today for AI