Tech · November 6, 2026
OpenAI secures $11 billion funding at $1.25 trillion valuation, Bloomberg News reports
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OpenAI has reportedly secured $11 billion in a new funding round that values the company at $1.25 trillion, according to Bloomberg News. This $11 billion is described as the initial portion of a larger investment round that remains open. Sources indicate the round could reach a total of $20 billion in the coming weeks, though this figure is notably lower than the $30 billion target OpenAI was reportedly seeking earlier this year. The valuation surge comes as OpenAI's rival, Anthropic, prepares for an initial public offering and as public sentiment regarding AI data centers shifts.
Read the original coverage
- ReutersWire
OpenAI secures $11 billion funding at $1.25 trillion valuation, Bloomberg News reports
Read at Reuters ↗ - TechCrunchTrade
OpenAI reportedly raises an additional $11 billion at a $1.25 trillion valuation | TechCrunch
Read at TechCrunch ↗ - The VergeTrade
OpenAI valued at $1.25 trillion, as rival Anthropic nears its IPO
Read at The Verge ↗
Reported by multiple outlets
- OpenAI has raised $11 billion in a new funding round.
- The funding round values OpenAI at $1.25 trillion.
- Bloomberg News first reported the funding and valuation citing sources familiar with the matter.
- The $11 billion is part of a larger round that has not yet closed.
Reported by only some outlets
- The total funding round is expected to reach about $20 billion.
- OpenAI previously raised $122 billion in March at an $852 billion valuation.
- OpenAI originally targeted a $30 billion raise at a $1.4 trillion valuation.
- The funding round is expected to close in the coming weeks.
- Rival company Anthropic has filed for an IPO.
- Anthropic's IPO valuation may be lower than its target, potentially as low as $1.1 trillion.
Industry-friendly coverage frames it as…
Most coverage focuses on the massive scale of the $1.25 trillion valuation and the competitive landscape with Anthropic's IPO.
Skeptical / consumer coverage frames it as…
Some reporting highlights that the current funding amounts fall short of OpenAI's original multi-billion dollar targets and notes a turn in public opinion against AI projects.
Numbers that differ
- Original funding target: TechCrunch and The Verge report OpenAI initially sought $30 billion.
- Original valuation target: The Verge reports OpenAI initially hoped for a $1.4 trillion valuation.
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