StocksMedium•9 November 2026•
1 min read
OpenAI Closes $11 Billion Funding Tranche at $1.25 Trillion Valuation
Key Facts
1OpenAI closed the first tranche of a new funding round raising $11 billion at a $1.25 trillion valuation.
2The company lowered its total funding target to $20 billion from an original $30 billion due to an AI stock selloff.
OpenAI closed the first tranche of a new funding round raising $11 billion at a $1.25 trillion valuation. Bloomberg reported that the company lowered its valuation target from $1.4 trillion to $1.25 trillion due to a selloff in AI stocks and concerns regarding infrastructure spending.
The company lowered its total funding target to approximately $20 billion from an original goal of $30 billion. This adjustment in financial targets follows a period of cooling sentiment in the technology sector, leading to more conservative valuation expectations across the artificial intelligence industry.