Choblin(@choblin29):🚨BREAKING: OpenAI is racing to secure commitments for a roughly $30 billion funding round before Anthropic's expected mid-November IPO, according to Reuters. The round could value OpenAI above $1.4 trillion. OpenAI is pitching investors on $50 billion in annualized revenue, targeting $70 billion by year-end, and says it can further cut AI model prices. It also claims Anthropic inflates revenue by counting cloud sales gross rather than net. OpenAI wants to secure commitments before Anthropic's IPO disclosures allow investors to compare the two companies more closely.

2026.10.20 06:22

🚨BREAKING: OpenAI is racing to secure commitments for a roughly $30 billion funding round before Anthropic's expected mid-November IPO, according to Reuters. The round could value OpenAI above $1.4 trillion. OpenAI is pitching investors on $50 billion in annualized revenue, targeting $70 billion by year-end, and says it can further cut AI model prices. It also claims Anthropic inflates revenue by counting cloud sales gross rather than net. OpenAI wants to secure commitments before Anthropic's IPO disclosures allow investors to compare the two companies more closely.