Wednesday, October 21, 2026
Saga
OpenAI pre-IPO private funding round
Overview
Description OpenAI is pursuing a large private funding round at a sharply higher valuation before rival Anthropic’s expected public-market debut. Overview OpenAI is seeking $30 billion in commitments from investors including SoftBank and Abu Dhabi’s MGX. The round would value the ChatGPT maker at more than $1.4 trillion, up from a…
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Stories in this saga
1 story, 2 sources
Oct 20, 2026
Fireworks AI Targets $30B to $40B Valuation Months After $17.5B Round
- OpenAI Targets $1.4 Trillion Valuation With $30B Raise Before Anthropic IPO1 day ago