---
title: "TechCrunch: OpenAI reportedly raises $11B at a $1.25T valuation"
url: https://stacklist.com/card/7e622d24-cb89-473b-af20-1c542188ff21
source_url: "https://techcrunch.com/2026/11/06/openai-reportedly-raises-an-additional-11-billion-at-a-1-25-trillion-valuation"
stack: https://stacklist.com/c/finance/stack/22f7c9a4-3e3f-4847-a2e1-1b56182d69af
summary: "OpenAI has raised $11 billion in a new funding round that values the AI lab at $1.25 trillion, with the total round expected to reach approximately $20 billion when it closes in the coming weeks. The news comes amid broader market uncertainty in the AI sector, with competitor Anthropic facing lower-than-expected valuations ahead of its anticipated IPO."
tags: "openai, funding-round, valuation, ai-investment, anthropic, ipo"
key_entities: "OpenAI (organization), Anthropic (organization), Bloomberg (organization), TechCrunch (organization), Lucas Ropek (person), artificial-intelligence (concept), U.S.-midterms (event), United States (location)"
classification: "news"
content_hash: "sha256:1138102de6d509272b98cb0b7cd4119c411c8410a7d22e36bc7c84f6a1007de1"
acp_version: "0.2"
token_counts_approximate: 821
visibility: public
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status: "final"
---

# TechCrunch: OpenAI reportedly raises $11B at a $1.25T valuation

In Brief Posted: 2:53 PM PST · November 6, 2026 Image Credits: Samuel Boivin/NurPhoto / Getty Images Lucas Ropek OpenAI reportedly raises an additional $11 billion at a $1.25 trillion valuation OpenAI has reportedly raised $11 billion so far in a new funding round that values the AI lab at $1.25 trillion. Bloomberg reported on the new funding on Friday, citing sources familiar with the matter. The $11 billion is part of a larger funding round that hasn’t closed yet, according to the outlet. The round is expected to close in the coming weeks and could total about $20 billion, a source told Bloomberg. In late September, Bloomberg reported that OpenAI was looking to raise $30 billion in the upcoming round. The current figures fall well short of that target. TechCrunch has reached out to OpenAI for comment and will update this story if it responds. The news comes only hours after Bloomberg also reported that potential buyers of shares in the IPO of OpenAI’s chief competitor, Anthropic, are eyeing a substantially lower valuation than Anthropic had targeted. Bloomberg writes that some potential buyers believe Anthropic’s valuation could be as low as $1.1 trillion, compared with the $2 trillion that investors were said to be expecting roughly a month ago. OpenAI previously intimated that it would go public this year but subsequently delayed its plans. There are expectations that the company will IPO next year at some point. The market for AI hangs in a particularly precarious place. The Democratic landslide in the U.S. midterms — and overwhelmingly negative voter sentiment around data centers — has caused jitters throughout the market , with many anticipating potential regulatory challenges in the future. Topics AI , Anthropic , fundraising , In Brief , OpenAI November 4 Boston Buy One Pass, Get a Second Free Cover more ground at TechCrunch’s ultimate founder bootcamp of the year by bringing your co-founder or partner for free Book before the BOGO deal expires Register Now Newsletters See More Subscribe for the industry’s biggest tech news TechCrunch Daily News Every weekday and Sunday, you can get the best of TechCrunch’s coverage. TechCrunch Mobility TechCrunch Mobility is your destination for transportation news and insight. Startups Weekly Startups are the core of TechCrunch, so get our best coverage delivered weekly. StrictlyVC Provides movers and shakers with the info they need to start their day. No newsletters selected. Subscribe By submitting your email, you agree to our Terms and Privacy Notice . Related Climate Anthropic joins AI’s natural gas frenzy, buys $3.4B worth of turbines Tim De Chant 1 hour ago AI Is Jensen Huang’s job on the line? Yale’s Jeffrey Sonnenfeld estimates it’s ‘about a 50-50’ Connie Loizos 13 hours ago Government & Policy After the midterms, things are looking rocky for Elon Musk and data centers Anthony Ha 2 days ago Latest in AI Government & Policy Jensen Huang’s affair with alleged Chinese spy puts Nvidia’s China ambitions under scrutiny Rebecca Bellan 16 minutes ago AI Meta releases Muse Ember, a new lightweight model for agent execution Russell Brandom 26 minutes ago Climate Anthropic joins AI’s natural gas frenzy, buys $3.4B worth of turbines Tim De Chant 1 hour ago