OpenAI reportedly raises $11B at a $1.25T valuation, round could reach $20B, per Bloomberg

Bloomberg reported Nov. 6, citing unnamed sources, that OpenAI has raised $11 billion so far at a $1.25 trillion valuation. TechCrunch, which did not independently confirm it, says a source put the full round near $20 billion, expected to close in coming weeks. No investors are named and OpenAI had not commented. In late September Bloomberg reported OpenAI sought $30 billion at $1.4 trillion.

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