OpenAI and Anthropic Reportedly Compete for Capital Ahead of Potential Public Listings

OpenAI and Anthropic are reportedly intensifying efforts to secure investor capital as speculation grows around potential public listings, according to Reuters.
OpenAI is said to be pursuing approximately $30 billion in funding at a valuation exceeding $1.4 trillion, compared with a reported $852 billion valuation in March.
Anthropic is also reportedly considering a mid-November IPO, with some investors favoring a valuation closer to $1.5 trillion rather than the $2 trillion allegedly sought by the company.
OpenAI reportedly wants to complete its financing before potential Anthropic disclosures give investors more information for comparison. However, the reported valuations, fundraising terms and IPO timeline remain unconfirmed. Neither transaction should be treated as finalized.