● FundingNov 7, 2026 · 04:158 sources
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)
From techmeme.com
AI;DR
OpenAI has closed on new funding of roughly $11B. The company has a $1.25T valuation, and the round could increase to as much as $20B in total.
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- SUPPORT@iponewsroom_“The Nasdaq Composite fell 2.9% today and is now 7.8% below its all-time closing high from October 6.”x.com
- SUPPORT@edzitron“Investors don’t tend to drop their allocations based on things going well”x.com
- SUPPORT@hesamation“investments on AI labs and infra are gonna continue but with more realistic expectations.”x.com
- SUPPORT@edzitron“$11bn won't cover a quarter's compute costs”x.com
- SUPPORT@jessicalessin“Big investors getting more skittish about AI revenues ever meeting the AI capex.”x.com
- SUPPORT@kakashiii111“From 30B to 20B to 11B in one month.”x.com