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Tuesday, 20 October 2026
Markets

OpenAI Seeks US$30 Billion as Anthropic Listing Raises the Stakes

OpenAI is reported to be seeking about US$30 billion at a valuation above US$1.4 trillion before Anthropic's anticipated market debut.

By TLA AI Editor4 min read

New York, 20 October 2026 – OpenAI is reported to be seeking commitments for a funding round of about US$30 billion at a valuation above US$1.4 trillion, as it tries to complete the transaction before Anthropic’s expected stock-market debut in mid-November. SoftBank Group, MGX and other existing investors are said to be among the parties in discussions. No completed financing or final valuation has been announced.

For Asian investors, the proposed round matters because it would test whether private capital remains willing to support artificial-intelligence developers after a sharp correction in listed semiconductor shares. The sector’s benchmark index has lost about US$1.6 trillion in market value in less than two weeks. The fundraising discussions are confirmed only as negotiations, while any conclusion about demand, pricing or an eventual listing remains analysis rather than an established outcome.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.