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Mikhail Savchenko
Mikhail Savchenko

Posted on Originally published at inite.ai

OpenAI round reportedly hits $11B at a $1.25T valuation

According to reports, OpenAI has gathered $11 billion to date in its latest fundraising, with the company valued at $1. 25 trillion. TechCrunch relays the figures from a Bloomberg report published on Friday, November 6, 2026, which cites unnamed sources. OpenAI had not commented when the story ran, so treat the details as unconfirmed.

What the report says

  • The $11 billion is one part of a larger round that has not closed.
  • The round is expected to close within the next few weeks.
  • One source told Bloomberg the full amount could come to about $20 billion.
  • In late September, Bloomberg reported that OpenAI wanted to raise $30 billion, so the current figures sit well under that goal.

The wider backdrop

The same day, Bloomberg also reported that prospective buyers of shares in Anthropic's planned IPO are looking at a lower valuation than the company had aimed for. Some of them see it as low as $1.1 trillion, against the $2 trillion investors were said to expect about a month earlier.

OpenAI had hinted it would list this year but pushed that back. The expectation now is an IPO at some point next year.

TechCrunch adds that the AI market is in a fragile spot. After the Democratic landslide in the U.S. midterms and strongly negative voter sentiment about data centers, investors are uneasy and expect possible regulatory challenges ahead.

What is and is not known

The source gives no detail on who is investing, how the money will be used, or whether any product or pricing change follows. The final size of the round and the valuation are not settled until it closes.

What to do with it

For a company that has built workflows on OpenAI models, the practical step is a dependency check. List the processes that call one provider, estimate the effort to switch models, and make sure prompts and integrations are not hard-wired to a single API. A reported funding shortfall against a target does not signal trouble for service continuity, and the source says nothing of the kind. It does show that valuations and timelines at the top AI labs are moving, and planning should allow for that.

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