Inside OpenAI’s $30 Billion Funding Push as Anthropic IPO Nears
Photo: CoinCentral
TLDR OpenAI is seeking about $30 billion in new funding, which could value the company at more than $1.4 trillion. Existing backers SoftBank Group and MGX are reportedly in talks to join the round. OpenAI says its annualized revenue is near $50 billion and expects $70 billion by year-end. Anthropic’s third quarter revenue rose to $16.8 billion from $11.6 billion in the second quarter. Anthropic is expected to list in mid-November, while OpenAI has pushed its IPO plans to 2027. OpenAI is moving quickly to raise about $30 billion from investors, Reuters reported on Monday.
Source: CoinCentral
