OpenAI CEO Sam Altman announced that ChatGPT is experiencing over 10% monthly growth again, despite competition from Anthropic. The company plans to launch an updated Chat model soon and is testing ads within ChatGPT. OpenAI is also in discussions for a potential $100 billion funding round to support its expanding operations.

Anthropic, the company behind the Claude chatbot, is in early discussions for a major IPO, possibly next year. They've secured commitments from Microsoft and Nvidia, valuing the startup over $300 billion, while also preparing for a public offering to compete with OpenAI.

OpenAI has raised $8.3 billion in new funding, bringing its total fundraising to $40 billion, as its annual recurring revenue is projected to exceed $20 billion by year-end. The surge in capital reflects increasing investor interest in AI, with competitors like Anthropic also seeking substantial funding. Notably, OpenAI is collaborating with a UAE firm to establish a data center in Abu Dhabi.