Unclosed OpenAI round reportedly values it at $1.25 trillion

reported by 2 outlets· 2 articles · confidence: medium · first seen 2026-11-06 22:53 UTC

What this means for you

Nothing to act on. This is a report about OpenAI's balance sheet: no model, price or API changes. More capital would mean more compute, but neither piece says how much lands, when, or what it is spent on.

OpenAI has reportedly raised another $11bn in a funding round that has not closed and is expected to close in the coming weeks, at a valuation of $1.25tn. Both figures come from Bloomberg, cited by The Verge and TechCrunch; OpenAI has not confirmed them. The company raised $122bn in March at a valuation of $852bn, so the new figure is roughly half again within eight months. Neither report says what the money buys, whether the $11bn is the whole round, or who the investors are.

Key facts

  • ·OpenAI has reportedly raised an additional $11bn, in a round that has not closed and is expected to close in the coming weeks. source
  • ·The round reportedly values OpenAI at $1.25tn, according to Bloomberg, as cited by The Verge. source
  • ·OpenAI raised $122bn from investors in March 2026 at a valuation of $852bn. source
  • ·OpenAI has not confirmed the $11bn figure or the $1.25tn valuation; neither report cites a company statement. source

What the sources say

  • TechCrunch AI — Brief report whose only added detail is that the round remains open and should close within weeks.
  • The Verge AI — Credits Bloomberg for the figures and compares them with March's $852bn round; also nods to Anthropic's IPO plans.

Sources

The original reporting. Follow these — they did the work.

← the wire