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gossip TNW October 20, 2026

OpenAI reportedly races to close $30bn round before Anthropic’s IPO

OpenAI reportedly races to close $30bn round before Anthropic’s IPO
AI Summary

OpenAI is trying to speed up a funding round of about $30bn to secure investor commitments before Anthropic lists its shares in mid-November. The round could value the ChatGPT maker at more than $ 1.4 trillion. Reuters reported the plan on Monday, citing two people familiar with the matter.

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