OpenAI closes about $11B of a new round at a $1.25T valuation, Bloomberg reports
Bloomberg reports, citing people familiar, that OpenAI has closed about $11 billion as the first part of a round that could reach $20 billion. OpenAI had not confirmed the figures.
By KreatorFlow News
1 min2 sources
OpenAI has closed about $11 billion as the first portion of a larger funding round, at a valuation of $1.25 trillion, as reported by Bloomberg on November 6, 2026, citing people familiar with the matter.
What happened
According to Bloomberg, the full round could reach as much as $20 billion. That is down from an earlier reported target of up to $30 billion.
Bloomberg's account did not specify whether the $1.25 trillion valuation is pre-money or post-money.
OpenAI had not publicly confirmed the figures at the time of reporting.
For context, OpenAI raised $122 billion at an $852 billion valuation in March 2026.
Why it matters for creators
OpenAI's funding pace shapes how long it can subsidise image tools such as ChatGPT Images, which compete for creators' attention.
The reported figures are not confirmed and may change. The round is also reported to be smaller than an earlier target, so it is worth waiting for confirmed terms before drawing firm conclusions.
Sources
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