OpenAI reportedly raises $11 billion of a planned $20 billion round at a $1.25 trillion valuation
OpenAI has reportedly raised $11 billion so far in a new funding round valuing the AI lab at $1.25 trillion, according to Bloomberg sources cited by TechCrunch. The round has not yet closed and is expected to total roughly $20 billion when it does in the coming weeks, short of the $30 billion target Bloomberg reported in late September. The report lands hours after Bloomberg said potential buyers of shares in the IPO of rival Anthropic are weighing a valuation as low as $1.1 trillion, against the $2 trillion investors expected a month earlier. OpenAI had signalled a public listing this year before delaying it, with an IPO now expected sometime next year. The article notes broader AI market jitters tied to the U.S. midterm results and negative voter sentiment toward data centers, raising the prospect of future regulatory pressure. This is business and market news with no security incident, vulnerability, threat actor or indicator of compromise involved.
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OpenAI reportedly raises $11 billion of a planned $20 billion round at a $1.25 trillion valuation
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OpenAI has reportedly raised $11 billion so far in a new funding round valuing the AI lab at $1.25 trillion, according to Bloomberg sources cited by TechCrunch. The round has not yet closed and is expected to total roughly $20 billion when it does in the coming weeks, short of the $30 billion target Bloomberg reported in late September. The report lands hours after Bloomberg said potential buyers of shares in the IPO of rival Anthropic are weighing a valuation as low as $1.1 trillion, against the $2 trillion investors expected a month earlier. OpenAI had signalled a public listing this year before delaying it, with an IPO now expected sometime next year. The article notes broader AI market jitters tied to the U.S. midterm results and negative voter sentiment toward data centers, raising the prospect of future regulatory pressure. This is business and market news with no security incident, vulnerability, threat actor or indicator of compromise involved.