OpenAI accelerates $30 billion in financing, valuation may exceed $1.4 trillion

OpenAI is intensifying its efforts to secure funding commitments from investors, hoping to complete the financing before its competitor Anthropic is expected to go public in mid-November. This round of financing could value OpenAI at over $1.4 trillion.

SoftBank Group, MGX, and other existing investors are in negotiations to participate in this round of approximately $30 billion financing.