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OpenAI in talks for $30B raise at $1.25T valuation ahead of IPO
OpenAI is reportedly working on a new $30B raise at a $1.25T valuation. If completed, it would be the most highly valued private company ever, and it comes ahead of an expected IPO.
Why it matters: IPO prep by OpenAI and Anthropic (S-1 leaked Oct 21) signals the AI platforms that decide AI-search citations are consolidating capital and scale, which affects KwikGEO's long-term platform bets.