OpenAI Seeks $30 Billion in Funding at Potential $1.4 Trillion Valuation, Reuters Reports

OpenAI (NASDAQ:OAI) is seeking approximately $30 billion in additional funding as it looks to secure investor commitments ahead of rival Anthropic’s (NASDAQ:ANTP) anticipated stock market debut in mid-November, according to a Reuters report published on Monday. Citing people familiar with the matter, Reuters reported that the fundraising could value the ChatGPT developer at more than $1.