Key Takeaways
- OpenAI $11 billion funding: OpenAI has raised $11 billion in a round that values it at $1.25 trillion, Bloomberg News reported on Nov. 6, 2026. The round has not closed.
- Smaller round: The round could total about $20 billion, down from a $30 billion target, so the $11 billion is about 55% of the expected total.
- Valuation: $1.25 trillion is about 47% above the $852 billion post-money valuation from OpenAI's March raise.
- OpenAI Foundation: The nonprofit's 26% stake was valued at about $130 billion in October 2025. OpenAI has not said what that stake is worth now.
OpenAI has raised $11 billion in a new funding round that values the ChatGPT maker at $1.25 trillion, Bloomberg News reported on Nov. 6, 2026, citing people familiar with the matter. The $11 billion is the initial part of a round that has not closed, Reuters reported.
OpenAI's $11 Billion Round Falls Short of the $30 Billion Goal
The round is expected to close in the coming weeks and could total about $20 billion, a source told Bloomberg, according to TechCrunch. In late September, Bloomberg reported that OpenAI was looking to raise $30 billion in the round.
OpenAI pared its target to up to $20 billion at the end of October, CNBC reported, confirming a Financial Times report. The FT said some investors had reduced their allocations. The Wall Street Journal reported that the fundraising met a tepid response from some large investors, TechCrunch noted. CNBC's sources said in October that Coatue and investors in the United Arab Emirates would lead the round.
Reports differ on what the $1.25 trillion measures. CNBC described it in October as a pre-money valuation that does not include the new capital, while the Financial Times reported it as a post-money valuation. OpenAI declined to comment on the round in October, TechCrunch reported.
How OpenAI's Valuation Climbed to $1.25 Trillion
OpenAI's last raise, in March 2026, valued the company at $852 billion post-money, and OpenAI filed confidential paperwork for an initial public offering in June, TechCrunch reported. The new $1.25 trillion figure is about 47% higher. At its October 2025 recapitalization, OpenAI was valued at $500 billion, so the valuation has risen 2.5 times in about a year.
A valuation of more than $1 trillion would make OpenAI the most valued private company ever, TechCrunch reported. OpenAI chief financial officer Sarah Friar told employees in August that OpenAI would be a public company in 2027, CNBC reported.
What $1.25 Trillion Means for the OpenAI Foundation's Stake
When OpenAI completed its recapitalization in October 2025, the nonprofit OpenAI Foundation received 26% of the for-profit company, with a warrant for additional shares to be granted if the company continues to grow, TechCrunch reported. Microsoft took a roughly 27% stake, and investors and employees held the remaining 47%.
OpenAI valued the Foundation's stake at about $130 billion, which made the Foundation one of the wealthiest philanthropic organizations in history and larger than the Gates Foundation's endowment, eWeek reported. The Foundation committed $25 billion to initiatives including funding for scientists, open health datasets and research on AI safety systems.
The same 26% would equal about $325 billion at a $1.25 trillion valuation. That is arithmetic on the original percentage, not a reported value: OpenAI has not disclosed whether later rounds diluted the stake or whether the warrant has added shares. "The close of our recapitalization gives us the ability to keep pushing the frontier of AI, and an updated corporate structure to ensure progress serves everyone," OpenAI chairman Bret Taylor wrote at the time.
People Also Ask
How much did OpenAI raise in November 2026?
OpenAI has raised $11 billion of a new funding round that values it at $1.25 trillion, Bloomberg News reported on Nov. 6, 2026. The OpenAI round has not closed and could total about $20 billion.
What is OpenAI's valuation?
OpenAI's new round values the company at $1.25 trillion, up from $852 billion after its March 2026 raise. CNBC described the $1.25 trillion as a pre-money valuation, while the Financial Times reported it as post-money.
How much is the OpenAI Foundation's stake worth?
The OpenAI Foundation received 26% of OpenAI's for-profit company in October 2025, a stake OpenAI then valued at about $130 billion. At a $1.25 trillion valuation, 26% would equal about $325 billion, but OpenAI has not said whether the OpenAI Foundation still holds 26%.
Sources: Reuters via GV Wire, TechCrunch, CNBC, TechCrunch, eWeek, Watcher.Guru on X. Related: OpenAI Foundation profile.