AI BriefingOpenAI Secures $11B at $1.25T Valuation, Missing $30B Target
·2026.10.31 10:56
Key point
OpenAI has raised approximately $11 billion for its latest round at a $1.25 trillion valuation, falling short of its $30 billion target and initial $1.4 trillion valuation hopes due to dampened investor appetite.
Details
- OpenAI has secured roughly $11 billion in commitments for its latest funding round, less than half of the $30 billion initially targeted.
- The deal values the company at $1.25 trillion, below the $1.4 trillion valuation the company had earlier hoped to achieve.
- Market jitters over the AI trade have dampened investor appetite, resulting in tepid interest from some large investors.
- The funding status is reported by people familiar with the matter, indicating the round is not yet fully closed at the original target levels.
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