OpenAI Races to Lock In $30 Billion Before Anthropic’s IPO Gives Investors a Closer Look at Its Rival
OpenAI is accelerating talks to raise about $30 billion at a valuation exceeding $1.4 trillion, aiming to secure investor commitments before rival Anthropic’s expected IPO in mid-November. The move comes as both AI companies compete for funding amid growing investor concerns over high valuations, infrastructure costs and market volatility.
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