AIThe Next Webabout 1 hour ago

OpenAI Races to Close $30bn Round

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OpenAI reportedly races to close a funding round of about $30bn before Anthropic lists its shares in mid-November. The round could value the ChatGPT maker at more than $1.4 trillion. SoftBank Group and Abu Dhabi-based MGX are in talks to join existing backers.

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More to chew on!

AIabout 8 hours ago

OpenAI Races to Secure $30 Billion Before Anthropic

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OpenAI Seeks $30 Billion in Fresh Capital

Sources: OpenAI is racing to secure investor commitments before Anthropic's expected IPO in mid-Nov. and aims to raise ~$30B; the round could value it at $1.4T+ (Reuters)