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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) | ByteBrief

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AIReutersabout 1 hour ago

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)

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The full story is at Reuters, which ByteBrief could not read, and no free outlet has reported it yet. Read full story opens it at the source.

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In this storyAnthropic OpenAI

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Summary by ByteBrief

More to chew on!

AI12 days ago

OpenAI Gains Market Share From Anthropic

AI11 days ago

Docs: OpenAI told investors its annualized revenue was nearing $50B at the end of September, well below the $70B reported by media based on investor docs (Financial Times)

AI12 days ago

OpenRouter: the share of business spending between OpenAI and Anthropic models was roughly even in September, vs. Anthropic commanding a 75% share in January (Angel Au-Yeung/Wall Street Journal)