OpenAI discusses listing in Q4 with banks, executives are worried about competitors Anthropic going public first.

Insiders revealed that OpenAI is in informal talks with banks to discuss the possibility of conducting its first initial public offering (IPO) in the fourth quarter of this year. The developer of the $500 billion ChatGPT is also expanding its financial team, hiring Ajmere Dale as the new accounting director, and Cynthia Gaylor as the financial director in charge of investor relations. At the time of the report's release, competition in the field of artificial intelligence is becoming increasingly fierce, with the company's competitor Anthropic expected to achieve a balanced budget for the first time in 2028 - two years earlier than OpenAI. Executives at OpenAI have privately expressed concerns about Anthropic's early listing. Anthropic is the developer of the Claude AI assistant and is currently preparing for this year's IPO. Anthropic has hired several financial personnel, including Andrew Zloto, who is in charge of capital markets, and Kevin Chang, an investor at Blackstone Inc. Both of these artificial intelligence startups are undergoing a new round of financing. OpenAI is seeking financing of over $100 billion, with a valuation that could reach $830 billion. SoftBank plans to add $30 billion in investment, and Amazon.com, Inc. (AMZN.US) is considering investing $50 billion. According to reports this week, Anthropic has completed its latest round of financing, with a valuation of $350 billion and a financing amount between $10 billion and $15 billion. Sources say that if Microsoft Corporation (MSFT.US) and NVIDIA Corporation (NVDA.US) also participate in the investment, the financing amount may continue to increase.