Search Write for us Sign in
OpenAI Daily News

Independent news about OpenAI and ChatGPT. Not an OpenAI publication.

Wednesday, October 21, 2026Sources checked

Back
Business

OpenAI Reportedly Looking to Hurry and Get Valued at $1.4 Trillion Before Anthropic IPO

By Mike Pearl, Gizmodo

OpenAI Reportedly Looking to Hurry and Get Valued at $1.4 Trillion Before Anthropic IPO

Picture: Gizmodo

In what Reuters’ anonymously-sourced report assesses as an “unusually fast” fundraising strategy, OpenAI is apparently looking to past investors like SoftBank and Abu Dhabi’s MGX to inject it with fresh capital in order to climb to a potential valuation of $1.4 trillion or more. Anthropic has led OpenAI in valuation quite authoritatively since May of this year. Late last month, analysts were forecasting a $2 trillion IPO for Anthropic in November, but money-knowers have speculated more recently that its market cap after its IPO could fall short of that by a quarter, at $1.5 trillion. In other words, OpenAI quickly getting itself valued at $1.4 trillion, followed by an exceptionally disappointing IPO for Anthropic could mean the rivals are once again racing neck-and-neck.

This report was first published by Gizmodo. What you see here is a brief excerpt. The full text is theirs.

Continue reading at Gizmodo

Pass it on X Facebook WhatsApp

More reports on this

  1. OpenAI Speeds Up Fundraising Before Rival Anthropic’s Upcoming IPO

    WinBuzzer

  2. OpenAI Moves to Lock In $30 Billion Before Rival Anthropic Lists Its Shares

    Around Prague

  3. Why OpenAI is racing to raise $30 billion before Anthropic IPO

    Invezzand 2 others

  4. UK says it will again test OpenAI and Anthropic models before release

    The Next Web

Latest in Business

  1. OpenAI brings GPT-6 Astra and Codex to Google Cloud, a rival’s platform

    The Next Weband 3 others

  2. OpenAI models are coming to Google Cloud

    Primary sourceOpenAIand 8 others

  3. Coherence Neuro, which is developing AI models and brain implants to help combat brain tumors, raised a $45M seed from the OpenAI Startup Fund and Founders Fund (Emily Mullin/Wired)

    Techmeme

  4. OpenAI Invests in Startup That Uses Brain Implants to Detect Cancer

    WIRED

  5. As AI race heats up, so does battle for talent: What does OpenAI bug-planting case and Saudi royal family links reveal

    Mint

  6. OpenAI, Anthropic Should Cap Compute for R&D, Say AI Safety Advocates

    The Information

  7. Sam Altman was fired from OpenAI, then 747 employees threatened to leave for Microsoft

    Cold Fusion

  8. OpenAI vs Google DeepMind: How the AI drug discovery race is shaping up

    Digit

Everything in Business

Policy & Courts

  1. OpenAI says the PHP flaws, found using GPT-5.6 Sol, "are among several significant vulnerabilities" it found and expects "similar findings to increase sharply" (OpenAI)

    Techmeme

  2. PHP discloses a critical memory-management vulnerability, dubbed "PHP2Shell", that affects up to 70% of websites, discovered using GPT-5.6 Sol in August (Robert McMillan/Wall Street Journal)

    Techmeme

  3. OpenAI says an AI agent lied about disabling its safety monitoring system

    The Vergeand 16 others

  4. China protests the US Deepseek ban while blocking ChatGPT, Claude, and Gemini at home

    The Decoder

  5. OpenAI Agents Silenced Security Team Alerts, Removed Misalignment Monitor

    SecurityWeek

ChatGPT

  1. ChatGPT Ads expands to 26 new countries as over 100,000 advertisers have used the platform

    Primary sourceOpenAIand 10 others

  2. ChatGPT can now make its own games — so I asked it to reinvent 5 arcade classics

    TechRadar

  3. I split Claude, Gemini, and ChatGPT into work, home, and casual, and it’s a mixed bag

    Android Authority

  4. I gave ChatGPT and Gemini my latest grocery bill — and these 5 tips stretched my food budget even further

    Tom's Guide

  5. How I use ChatGPT to organize my portfolio on the weekend

    Ashley Stock