According to Sina Finance, OpenAI is accelerating a funding round of approximately $30 billion, with a target valuation potentially exceeding $1.4 trillion, and aims to secure investor commitments before competitor Anthropic’s expected listing in mid-November. Existing investors, including SoftBank Group and Abu Dhabi’s MGX, are currently negotiating participation.
OpenAI informed investors that, following the release of the GPT-6 Astra model, the company's annualized revenue has reached $50 billion and is projected to rise to $70 billion by the end of the year. The company has also lowered the pricing of its lower-tier models to boost usage and indicated that further price reductions are possible.
According to insiders, OpenAI aims to complete its funding round before Anthropic discloses its financial data, to prevent investors from comparing the two companies. OpenAI uses net revenue accounting and has accused Anthropic of inflating its revenue by counting all contracts sold through third-party cloud providers as income.
Additionally, in March of this year, OpenAI completed a $122 billion funding round at an $852 billion valuation, including up to $50 billion in committed investment from Amazon. If deteriorating IPO market conditions delay its planned 2027 listing, this capital will also support its substantial infrastructure investments and strengthen its balance sheet.
OpenAI Considers $30 Billion Funding Round, Valuation Could Surpass $140 Billion
TechFlowShare
Summary
OpenAI is advancing a $30 billion funding round, with a potential valuation exceeding $140 billion. The company aims to secure investor backing ahead of Anthropic’s anticipated mid-November IPO. SoftBank and MGX are among the key participants in early discussions. With projected annualized revenue of $500 billion following the GPT-6 Astra launch, OpenAI anticipates reaching $700 billion by year-end. The company is also adjusting pricing for lower-tier models to boost adoption. Market observers suggest that altcoins to watch may respond to changes in funding rates tied to momentum in the AI sector.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.