OpenAI raised $11 billion at a valuation of $1.25 trillion. The money arrived on November 6, as part of a round that may reach $20 billion in the coming weeks. It is not clear whether the valuation is before or after money. OpenAI initially sought $30 billion or more at $1.4 trillion, but cut its goals amid a selloff in AI stocks. In March it raised 122 billion dollars by 852 billion dollars. The names of the investors were not specified.

OpenAI raised $11 billion at a valuation of $1.25 trillion. The money arrived on November 6, as part of a round that may reach $20 billion in the coming weeks. It is not clear whether the valuation is before or after money. OpenAI initially sought $30 billion or more at $1.4 trillion, but cut its goals amid a selloff in AI stocks. In March it raised 122 billion dollars by 852 billion dollars. The names of the investors were not specified.