PodcastSquawk PodOctober 20, 2026
Unrest in Europe & LeBron’s Season Debut 10/20/26
OpenAI is rushing a $30B round at a $1.4T valuation to beat Anthropic's IPO amid surging Chinese demand for NVIDIA chips.
- OpenAI races Anthropic: OpenAI seeks a $30B fast-fundraising round (SoftBank, MGX, others in talks) at a $1.4T valuation, aiming to close before Anthropic's expected November IPO.
- Schmidt's Anthropic windfall: Eric Schmidt's ~1% Anthropic stake (from a 2021 Series A bet) could be worth roughly $10B or more once the company goes public, pushing his net worth near $80B.
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