07-November-2026
Corporate News
 
OpenAI gets $11 billion funding at $1.25 trillion valuation: Report
07-Nov-2026

OpenAI has closed on new funding of $11 billion, the initial part of a round that values the company at $1.25 trillion, Bloomberg News reported on Friday, citing people familiar with the matter. The funding was wired to the company on Friday, while the remainder of the round, which could total as much as $20 billion, is expected to close in the coming weeks, according to the report

News Source:- https://economictimes.indiatimes.com/tech/artificial-intelligence/openai-gets-11-billion-funding-at-1-25-trillion-valuation-report/articleshow/135624687.cms