Credit : Reuters' X
SAN FRANCISCO, November 6, 2026 — OpenAI has closed about 11 billion dollars in new funding at a valuation of 1.25 trillion dollars, Bloomberg News reported, according to a Reuters alert on Friday.
In a post on X, Reuters said OpenAI had secured 11 billion dollars at a 1.25 trillion dollar valuation, citing Bloomberg’s account of people familiar with the matter. TechCrunch and The Verge likewise reported that OpenAI closed an initial 11 billion dollar tranche at that valuation, with the wider round still potentially open and able to grow further in the coming weeks.
The fundraising underscores investor appetite for leading artificial-intelligence developers despite volatility in tech shares and debate over whether AI infrastructure spending can earn returns. OpenAI, maker of ChatGPT, has repeatedly raised capital to fund computing costs, model training and partnerships with cloud and chip suppliers.
A 1.25 trillion dollar mark would place OpenAI among the world’s most highly valued private companies, reflecting expectations that generative AI will reshape software, customer service, coding and media. Critics warn that valuations assume rapid revenue growth and durable moats that are not yet proven at that scale.
Terms of the 11 billion dollar slice — including which investors led, how much SoftBank, Microsoft or others participated, and what governance rights attached — were not detailed in the Reuters alert or the secondary summaries reviewed here. Bloomberg’s sourcing was described as people familiar with the matter rather than an OpenAI press release.
Rival Anthropic and other model labs are also racing to raise capital and, in some cases, prepare public listings, The Verge noted in related coverage. The funding race is tightly linked to access to advanced chips and data-centre power, both of which remain constrained.
For governments and regulators, mega-rounds at trillion-dollar scale intensify questions about competition, safety testing and the concentration of AI capability in a handful of US firms. For workers and customers, the practical test remains whether new models deliver reliable tools at prices businesses will pay.
OpenAI had not, at the time of the Reuters post, issued a matching public confirmation in the materials cited for this report. Markets and competitors will watch for an official filing or blog post that locks in the headline numbers.
If confirmed, the round would give OpenAI fresh cash to secure computing capacity at a time when chip supply and power for data centres are strategic bottlenecks for every major AI lab.
Credit : Reuters’ X
Source: Reuters on X, relaying Bloomberg News, with additional context from TechCrunch and The Verge. This report summarises the Reuters alert and independent coverage; it does not reproduce Reuters article text.
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