[OpenAI is reportedly accelerating US$30 billion in financing to lock in funds before Anthropic goes public] On October 20, it was reported that OpenAI is stepping up efforts to secure investment commitments from investors, hoping to complete financing before rival Anthropic is expected to go public in mid-November. The unusually rapid pace of the funding round could give OpenAI a valuation of more than $1.4 trillion. People familiar with the matter said the financing process has accelerated in part because OpenAI hopes to lock in funds before Anthropic does, as the two cutting-edge artificial intelligence companies are increasingly competing for the same investors. In addition, OpenAI also hopes to use the revenue growth achieved after the recent launch of new models to attract more investment. SoftBank Group, Abu Dhabi-based MGX and other existing OpenAI investors are in talks to participate in the roughly $30 billion round, one of the people said.