OpenAI secures $11 billion in new funding
- Last updated: November 7, 2026 | 10:45
The OpenAI logo in this illustration. File/Reuters
OpenAI has closed on new funding of $11 billion, the initial part of a round that values the company at $1.25 trillion, according to investment sources.
The $11 billion raised so far represents only a portion of OpenAI's original target of up to $30 billion, while the company's valuation has come down from the $1.5 trillion level it had initially sought.
SoftBank and MGX participated in the funding.
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