OpenAI reportedly seeks $30 billion round before Anthropic's expected IPO

Two people familiar with the effort say OpenAI is moving quickly to secure commitments for a roughly $30 billion round before Anthropic’s expected mid-November IPO, Reuters reports. They partly attribute the pace to competition for investors. SoftBank and MGX are in talks, while a valuation above $1.4 trillion remains a possibility, not a completed deal.