OpenAI Raises $30 Billion Before Anthropic IPO

OpenAI races to lock in $30 billion before Anthropic's public listing next month.

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Oct 20, 2026

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OpenAI Raises $30 Billion Before Anthropic IPO

OpenAI races to lock in $30 billion before Anthropic's public listing next month.

In brief

OpenAI races to lock in $30 billion before Anthropic's public listing next month. OpenAI aims to raise $30 billion ahead of Anthropic's IPO to secure funding and compete for trillion-dollar valuations. Originally reported by Pymnts.

OpenAI's Funding Push

OpenAI reportedly rushing to lock down investors before Anthropic's public listing next month.

Unusually Fast Fundraising

Reuters reports OpenAI's valuation could reach over $1.4 trillion with a $30 billion round.

Investor Competition

Investor Competition

OpenAI and Anthropic are competing for the same investors amid rising tech stock volatility.

Revenue Growth Focus

OpenAI targets funding after recent AI model revenue growth, with SoftBank and MGX in discussions.

Anthropic's Growth

Anthropic booked more revenue in a single quarter than all of 2025, reporting $16.8 billion in Q3.

What it means

OpenAI aims to raise $30 billion ahead of Anthropic's IPO to secure funding and compete for trillion-dollar valuations.

Read the original on Pymnts

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