GoKawiilOpenAI raises $11 billion at $1.25 trillion valuation
OpenAI has closed a new funding round valuing the company at $1.25 trillion, raising roughly $11 billion so far, according to Bloomberg. The company is reportedly still seeking additional investment that could push the total to $20 billion, short of an earlier target of $30 billion at a $1.4 trillion valuation.
GoKawiil's interpretation of the reporting above, not reported fact.
The scaled-back target suggests investor appetite has cooled somewhat, coinciding with a broader tech stock pullback and growing public skepticism toward AI firms and data center spending highlighted by recent midterm election results. The timing also contrasts OpenAI's continued private fundraising with rival Anthropic's move to file for an IPO, underscoring diverging strategies among leading AI labs as OpenAI CEO Sam Altman has said he wants stronger safety assurances before going public.
- OpenAI's valuation reaches $1.25 trillion after raising about $11 billion in new funding.
- The company is seeking up to $20 billion total, below an earlier $30 billion goal at a $1.4 trillion valuation.
- Anthropic's S-1 filing for an IPO contrasts with OpenAI's continued private fundraising approach.
Source: theverge.com — Stevie Bonifield, 2026-11-06
Published there as: “OpenAI valued at $1.25 trillion, as rival Anthropic nears its IPO”
Read the original report → The summary and analysis above are GoKawiil's own, written from reporting by the source above. Facts and quotes belong to the original publisher.