📅 Oct 20, 2026
OpenAI is rushing to close a huge funding round before rival Anthropic hits the public market, Reuters reports.
LexxWire
SoftBank and Abu Dhabi's MGX are in talks to join the round, per two sources familiar with the matter.
LexxWire
The cash is earmarked for compute and datacenter expansion as ChatGPT passes 1.2 billion weekly users.
LexxWire
OpenAI wants the money locked in before Anthropic's mid-November IPO gives investors side-by-side numbers.
LexxWire
Both labs are chasing the same investors at record valuations — this round sets the stakes.
LexxWire
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