OpenAI, Anthropic Said to Race for Funding Ahead of IPOs Targeting $1.4T-$1.5T Valuations

Both AI labs are reportedly courting investors before public listings that could rank among the largest in corporate history. OpenAI and Anthropic are reportedly racing to raise additional funding before pursuing initial public offerings, according to recent reporting from CryptoBriefing and BeInCrypto. Both companies are said to be targeting valuations between $1.4 trillion and $1.5 trillion. If reached, those figures would place the two artificial intelligence labs among the most valuable private companies ever to approach public markets. The reports describe a race rather than a coordinated process.

Source: TheCoinrise