1Sources: 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)techmeme.comMedium11·06 21:15Z
OpenAI has closed on roughly $11 billion in new funding at a valuation of $1.25 trillion, according to people familiar with the matter cited by Bloomberg1. The $11 billion represents the initial tranche of a round that could increase to as much as $20 billion in total.
2OpenAI secures $11 billion funding at $1.25 trillion valuation, Bloomberg News reportschannelnewsasia.comMedium—
Reuters, relaying the Bloomberg report, confirmed the $11 billion close and the $1.25 trillion valuation2. Neither report identified the investors participating in the round.