OpenAI Pursues $30 B Funding to Beat Anthropic’s Mid‑November IPO

OpenAI is reportedly raising about $30 billion before Anthropic’s expected mid‑November listing, potentially valuing the ChatGPT maker at over $1.4 trillion. The new target would be roughly 64% above OpenAI’s March valuation of $852 billion, while Anthropic’s valuation has fallen to about $1.5 trillion from a $2 trillion ask. The race reflects differing revenue accounting methods and a battle for the same pool of long‑term investors.