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OpenAI Raises $15 Billion at $1.25 Trillion Valuation
Confirmed
In Short: The Financial Times reported that OpenAI has cut its funding target by $10 billion, now aiming to raise about $20 billion at a $1.25 trillion valuation.
Faber Report: OpenAI raised $15B at $.125 valuation. CNBC Television
People familiar with the matter said on Thursday, November 12, 2026, that OpenAI raised $15 billion in its latest round, valuing the company at $1.25 trillion, according to 24/7 Wall St. This amount is half of the $30 billion the company initially sought, indicating a lower investor appetite.
OpenAI CFO Sarah Friar has described the valuation as pre-money, meaning the company’s value before the new cash goes in. The company’s shares rose 0.36% to close at $523.00, giving it a market value of about $3.88 trillion.
The fundraising round is meant to serve as a bridge in place of an IPO, which CEO Sam Altman has delayed over AI safety concerns. OpenAI has previously added new features to its ChatGPT platform, including a virtual try-on feature, as part of its ongoing development.
According to 24/7 Wall St., OpenAI and Anthropic are both courting the same short list of sovereign wealth funds and institutional buyers, with only one lab getting to set the valuation benchmark first. This competition has led to a waning enthusiasm about AI companies in the last month.
The Financial Times reported that OpenAI has cut its funding target by $10 billion, now aiming to raise about $20 billion at a $1.25 trillion valuation. This reduction reflects a more cautious approach by the company in light of recent market conditions.
OpenAI has paused all internal training of its most capable models as it continues an extensive review related to their use of internet access during training and evaluation, according to Ars Technica. This move underscores the company's commitment to addressing AI safety concerns.
The company's valuation has reportedly reached $1.25 trillion, $50 billion less than the company had initially targeted, according to PYMNTS.com. This drop in valuation is part of a broader trend in the AI sector, with some investors valuing Anthropic’s planned IPO at about $1.5 trillion, below earlier expectations of roughly $2 trillion.
OpenAI's latest funding round is a significant event in the AI industry, reflecting both the company's growth and the current market dynamics. Despite raising $15 billion, the company has not confirmed the round, the amount, the investors, or a lead investor.
Background
Anthropic, the AI startup behind the Claude chatbot, is seeking a $1.4 trillion valuation for its upcoming IPO despite concerns over AI valuations and investment costs.
What's confirmed
- People familiar with the matter said on Thursday, November 12, 2026, that OpenAI raised $15 billion in its latest round, valuing the company at $1.25 trillion, according to 24/7 Wall St. This amount is half of the $30 billion the company initially sought, indicating a lower investor appetite.
- OpenAI CFO Sarah Friar has described the valuation as pre-money, meaning the company’s value before the new cash goes in. The company’s shares rose 0.36% to close at $523.00, giving it a market value of about $3.88 trillion.
- The fundraising round is meant to serve as a bridge in place of an IPO, which CEO Sam Altman has delayed over AI safety concerns. OpenAI has previously added new features to its ChatGPT platform, including a virtual try-on feature, as part of its ongoing development.
- According to 24/7 Wall St., OpenAI and Anthropic are both courting the same short list of sovereign wealth funds and institutional buyers, with only one lab getting to set the valuation benchmark first. This competition has led to a waning enthusiasm about AI companies in the last month.
- The Financial Times reported that OpenAI has cut its funding target by $10 billion, now aiming to raise about $20 billion at a $1.25 trillion valuation. This reduction reflects a more cautious approach by the company in light of recent market conditions.
- OpenAI has paused all internal training of its most capable models as it continues an extensive review related to their use of internet access during training and evaluation, according to Ars Technica. This move underscores the company's commitment to addressing AI safety concerns.
- The company's valuation has reportedly reached $1.25 trillion, $50 billion less than the company had initially targeted, according to PYMNTS.com. This drop in valuation is part of a broader trend in the AI sector, with some investors valuing Anthropic’s planned IPO at about $1.5 trillion, below earlier expectations of roughly $2 trillion.
- OpenAI's latest funding round is a significant event in the AI industry, reflecting both the company's growth and the current market dynamics. Despite raising $15 billion, the company has not confirmed the round, the amount, the investors, or a lead investor.
What's still developing
- To justify the price, OpenAI has to keep growing at about that rate for years, and the smaller raise suggests fewer investors were willing to pay for that outcome.
- OpenAI got its money, but not on the terms it wanted, and the gap between its growth story and investor appetite is landing on two giants.
- Reuters reported Thursday (Nov. 5) that a selloff that day had wiped out $2.5 trillion in market value from Nasdaq and represented the market’s largest one-day drop since April 2025.
- German artificial intelligence robotics startup Agile Robots SE announced today that it has raised $500 million in new late-stage funding at an $8.5 billion valuation.
- Every major release from OpenAI, Anthropic, or Google raises the same question: What happens if the feature you’ve spent the last year building suddenly becomes part of the platform?
- CTech 21:03, 29.09.26 OpenAI is targeting as much as $30 billion in new funding at a valuation of roughly $1.4 trillion, Bloomberg reported Tuesday, in what would be another extraordinary step up in the value of the company that helped ignite the generative AI boom.
- As company looks to avoid the anti-data center local pushback OpenAI has launched a plan to reduce the impact of its data centers on the US grid.
- OpenAI, the maker of the ChatGPT artificial intelligence assistant, is seeking up to $30 billion in private funding before a possible stock-market listing, CNBC reported on October 22.
Sources
- 24/7 Wall St.link
- PYMNTS.comlink
- Pulse 2.0link
- SiliconANGLElink
- Tech Funding Newslink
- TechCrunchlink
- The American Bazaarlink
- TechCrunchlink
- Pymntslink
- Qzlink
- The Indian Expresslink
- Startupfortunelink
- Warpbeatlink
- Calcalistechlink
- Shatteredlink
- Datacenterdynamicslink
- CNBC Television — video link
- EODHD Financial APIs — video link