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OpenAI closes ~$11B funding at $1.25T valuation; round may reach $20B

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OpenAI has closed on roughly $11 billion in new funding, the initial part of a round valuing the company at $1.25 trillion, according to sources. The total round could increase to as much as $20 billion.

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  1. Techmeme
    Sources: OpenAI has closed on new funding of roughly $11B at a $1.25T valuation; the round could increase to as much as $20B in total (Bloomberg)

    Bloomberg : Sources: OpenAI has closed on new funding of roughly $11B at a $1.25T valuation; the round could increase to as much as $20B in total — OpenAI has closed on new funding of roughly $11 billion, the initial part of a round that values the company at $1.25 trillion, according to people familiar with the matter.

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