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OpenAI accelerates fundraising ahead of Anthropic IPO

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The ChatGPT maker wants a $30 billion round locked in before its rival's public debut sets a market price for frontier AI OpenAI is in a hurry, and the reason has a ticker symbol in its future. The ChatGPT maker is pushing to close a $30 billion funding round before Anthropic ’s anticipated IPO, according to Reuters. The goal is to avoid having its private valuation measured against a public one. OpenAI is seeking commitments from both existing backers and new investors. The round reflects a desired valuation of more than $1.4 trillion . For context, OpenAI’s previous round closed on March 31, 2026. That raise brought in $122 billion at an $852 billion post-money valuation.

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