OpenAI plans to raise $30 billion before Anthropic goes public, with a valuation of over $1.4 trillion

OpenAI is seeking to complete approximately $30 billion in funding, with plans to finalize before Anthropic goes public in mid November. SoftBank, MGX, and other existing investors are in talks to participate, and this round of funding could value OpenAI at over $1.4 trillion. OpenAI has informed investors that its annualized revenue has reached $50 billion and may reach $70 billion by the end of the year. (Source: Reuters)