2 publishers · first seen Fri, 06 Nov 2026 14:32 UTC · updated Fri, 06 Nov 2026 23:46 UTC
OpenAI has secured $11 billion in a new funding round, valuing the company at $1.25 trillion, according to Bloomberg. This amount is part of a larger round that could total up to $20 billion. The company had initially aimed to raise up to $30 billion at a higher valuation of $1.5 trillion, but market conditions and public sentiment have influenced the adjustments. SoftBank and MGX are among the investors participating in this round.
The funding comes amid a cooling sentiment towards AI companies, with rival Anthropic's planned IPO being valued at around $1.5 trillion, down from earlier expectations of $2 trillion. The market for AI is currently precarious, with potential regulatory challenges looming due to negative voter sentiment around data centers and the recent U.S. midterm election results.
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