OpenAI closes $11 billion funding at $1.25 trillion valuation

OpenAI has closed $11 billion in new funding, the initial part of a financing round that values the company at $1.25 trillion, Bloomberg News reported on Friday, citing people familiar with the matter.

Why it matters: The close adds fresh private capital to the AI buildout's largest spender at a stepped up valuation, in the same week that a sharp selloff in listed AI names has cut the valuation investors are willing to underwrite for Anthropic's initial public offering.

Data as of Reuters report of November 6, 2026, published 4:12 p.m. Eastern, read in full via the estate browser route in this run, relaying Bloomberg News reporting sourced to people familiar with the matter. Single source chain: the report names no investor and gives no terms, and OpenAI has published no confirmation. Developing item.

OpenAI has closed on $11 billion of new funding, the initial part of a round that values the company at $1.25 trillion, Bloomberg News reported on Friday, in a one paragraph Reuters dispatch citing people familiar with the matter. The report names no investors, gives no total size for the round and states no terms, and OpenAI has not confirmed the close publicly.

The reported close lands two days into a repricing of AI assets: the Nasdaq fell more than 5 percent on Thursday, and investors in Anthropic’s planned initial public offering are now talking down the valuation they will underwrite, as covered elsewhere in this edition.

OpenAI closes $11 billion funding at $1.25 trillion valuation

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