OpenAI races to raise ~$30B ahead of Anthropic's IPO

OpenAI is rushing to secure investor commitments before rival Anthropic's expected public market debut in mid-November. The round aims to raise about $30B and could value OpenAI at over $1.4T.

• OpenAI aims to raise about $30B from investors
• The round could value the company at over $1.4T
• Fundraising precedes Anthropic's expected mid-November IPO