OpenAI reportedly raises $11 billion in the first close of a new round at a $1.25 trillion valuation
OpenAI has reportedly raised about $11 billion so far in a new funding round that values the company at $1.25 trillion, Bloomberg reported on Friday 6 November 2026, citing people familiar with the matter who said investors had wired the money. The $11 billion is the first part of a larger round that has not closed; one source told Bloomberg the round could total about $20 billion in the coming weeks, after the company had earlier been reported to be seeking $30 billion. OpenAI has not announced the round, and TechCrunch said it had asked the company for comment. The figures are reported, not confirmed by OpenAI, and are carried here as not yet verified.
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This story is still being checked. Claims below are published as claims — never dressed as facts — and each one moves only when the evidence earns it.
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Key points
- Bloomberg: about $11 billion wired on Friday 6 November, at a $1.25 trillion valuation — the first part of a round that has not closed.
- One source told Bloomberg the round could reach about $20 billion in the coming weeks; Bloomberg had earlier reported a $30 billion target.
- OpenAI has not announced or confirmed the round, and no investor has confirmed the terms on the record.
- Every figure here is reported from unnamed sources and is labelled not yet verified.
What happened
A $1.25 trillion valuation would keep OpenAI among the most valuable private companies in the world, even as the reported size of this round shrank from the $30 billion Bloomberg said it set out to raise in September. The report landed hours after Bloomberg also reported softer demand signals around the planned IPO of OpenAI's chief rival, Anthropic — a sign, in the reporting, of a cooler market for AI names.
OpenAI had earlier signalled a public listing this year and then delayed it, with expectations now pointing to next year. A large private raise at this scale is the alternative to that listing — which is why whether the full round closes, and at what final size, matters beyond the headline number.
Claim by claim
Why this label: Not yet verified: Bloomberg's figures rest on unnamed people familiar with the matter, and OpenAI has announced nothing. Reuters also reported an $11 billion funding at the same valuation, per its report carried in later coverage — the amount is reported by two wires but confirmed by no named party.
On the ladder: the evidence so far sits low — early, single or social sources. We publish the claim as a claim, never as fact.
Why this label: Not yet verified: the $20 billion total is one unnamed source's expectation given to Bloomberg, and the $30 billion figure is Bloomberg's own earlier reporting of what the company set out to raise. Neither is an announced target by OpenAI.
On the ladder: the evidence so far sits low — early, single or social sources. We publish the claim as a claim, never as fact.
Why this label: Verified as the state of confirmation: TechCrunch's report, read in full, states it reached out to OpenAI and would update on a response, and no OpenAI announcement appears in the reporting read. Reports differ on the valuation the company first sought — those figures are in the don't-know list, not carried as fact.
On the ladder: a claim earns Verified from primary evidence, or from two independent sources that do not copy each other.
What we know / what we don't know yet
What we know
- That Bloomberg reported an $11 billion first close at a $1.25 trillion valuation on 6 November, that TechCrunch carried the report and sought OpenAI's comment, and that OpenAI has announced nothing.
What we don't know yet
- Whether the $11 billion and $1.25 trillion figures are exact — they rest on unnamed sources and no named party has confirmed them.
- The final size of the round — reports range from the $11 billion wired so far to about $20 billion expected, against a $30 billion earlier target.
- Which investors took part in the first close — reports naming investors conflict and none has confirmed on the record.
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- The valuation OpenAI first sought — secondary reports give different figures ($1.4 trillion and $1.5 trillion), so no single figure is carried here.
Why it matters
Funding rounds of this size set the price of the AI race: the reported $1.25 trillion mark, and a round closing smaller than first sought, are both signals about how much investors will pay for frontier AI companies right now. Until OpenAI confirms the terms, they remain reported figures — and this page keeps them labelled that way.
Update history
No silent edits. Every change is written here, with its time.
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Published in Checking state — checking continues, and claims are labelled as reporting develops. Basis: Bloomberg's report, carried by TechCrunch and read in full; Reuters reported the same funding and valuation.