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What Anthropic’s IPO Filing Could Reveal and Why OpenAI Is Racing It

BeInCrypto
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What Anthropic’s IPO Filing Could Reveal and Why OpenAI Is Racing It

OpenAI is reportedly racing to raise about $30 billion before Anthropic’s expected mid-November listing. Two people familiar with the matter told Reuters the round could value the ChatGPT maker at more than $1.4 trillion. SoftBank, Abu Dhabi-based MGX and other existing backers are in talks to join, one of the people said. Two Price Tags The post What Anthropic’s IPO Filing Could Reveal and Why OpenAI Is Racing It appeared first on BeInCrypto.

Key Takeaways

  1. OpenAI is reportedly racing to raise about $30 billion before Anthropic’s expected mid-November listing.
  2. Two people familiar with the matter told Reuters the round could value the ChatGPT maker at more than $1.4 trillion.
  3. SoftBank, Abu Dhabi-based MGX and other existing backers are in talks to join, one of the people said.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.