OpenAI Said to Accelerate $30B Funding Round at Over $1.4T Valuation

The sequencing here is the story: OpenAI is reportedly racing to close a mega-round before Anthropic's expected IPO, which suggests capital raising has become a competitive event rather than a background chore. A valuation above $1.4 trillion would place OpenAI in a tier with few public comparables, making the eventual terms — and who supplies that capital — a signal for how private AI assets are being priced relative to listed ones. With the round unfinished and terms uncertain, whether the reported target holds, or gets trimmed to close faster, is the open question.