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OpenAI is planning to raise funds before Anthropic goes public

Updated 2026-10-24 · told from many outlets at once

OpenAI was valued at $852 billion in March and may reach over $1.4 trillion, seeking $30 billion in funding. OpenAI ruled out a 2026 IPO and is seeking investor commitments before Anthropic's IPO. SoftBank and MGX are in talks to join a $30 billion funding round. OpenAI claims its annualized revenue hit $50 billion after launching GPT-6 Astra.

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