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OpenAI reportedly raises an additional $11 billion at a $1.25 trillion valuation

TechCrunch · By Lucas Ropek ·

The Brief

  • OpenAI has closed roughly $11B of new funding, the initial part of a round valuing the company at $1.25T, per Bloomberg sources.
  • The round could grow to as much as $20B in total, according to Techmeme's summary of Bloomberg reporting.
  • TechCrunch reported the round had not formally closed yet and was expected to in the coming weeks; The Verge noted OpenAI raised $122B in March at an $852B valuation.

Why it matters

A $1.25T valuation signals continued heavy investor commitment to OpenAI's infrastructure and model development, which can affect pricing, product roadmaps and competition among AI providers.

  • #openai
  • #funding
  • #valuation
  • #ai-industry
  • #venture-capital

OpenAI has reportedly raised an additional $11 billion as part of a funding round that hasn't closed yet but is expected to in the coming weeks.

Read the full story at techcrunch.com ↗

Timeline

  1. OpenAI raised $122B from investors at an $852B valuation (per The Verge; exact day not stated)

  2. Bloomberg reports OpenAI has closed about $11B of funding at a $1.25T valuation; funds wired as of Friday

  3. Bloomberg Technology

    OpenAI Completes $11 Billion Portion of Funding at $1.25 Trillion Value

  4. 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)

  5. AI News & Artificial Intelligence | TechCrunch

    OpenAI reportedly raises an additional $11 billion at a $1.25 trillion valuation

  6. AI | The Verge

    OpenAI valued at $1.25 trillion, as rival Anthropic nears its IPO

Full coverage · 4 sources

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