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727 Finance
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OpenAI plans to accelerate the completion of approximately $30 billion in financing before Anthropic's IPO.

PANews October 20 news, according to an exclusive Reuters report, people familiar with the matter said that OpenAI is seeking to complete a new round of financing of about $30 billion at an unusually fast pace, hoping to finalize it before Anthropic's expected listing in mid-November. SoftBank, MGX and other existing investors are in talks to participate, and this financing round may value OpenAI at more than $1.4 trillion. OpenAI has told investors that its annualized revenue has reached $50 billion and may reach $70 billion by the end of the year. In March this year, OpenAI completed $122 billion in financing at a valuation of $852 billion.

PANews October 20 news, according to an exclusive Reuters report, people familiar with the matter said that OpenAI is seeking to complete a new round of financing of about $30 billion at an unusually fast pace, hoping to finalize it before Anthropic's expected listing in mid-November. SoftBank, MGX and other existing investors are in talks to participate, and this financing round may value OpenAI at more than $1.4 trillion. OpenAI has told investors that its annualized revenue has reached $50 billion and may reach $70 billion by the end of the year. In March this year, OpenAI completed $122 billion in financing at a valuation of $852 billion.

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