On November 6, 2026, Bloomberg reported that OpenAI has raised about $11 billion so far in a new funding round that values the ChatGPT maker at $1.25 trillion. TechCrunch and Reuters carried the same report that day, citing sources. OpenAI had not commented when TechCrunch published.
1. What was reported
The $11 billion is the first part of a larger round that has not closed. Bloomberg's source said the round is expected to close in the coming weeks and could total about $20 billion (TechCrunch, November 6, 2026). Reuters described the $11 billion as a portion of OpenAI's original target of up to $30 billion (Reuters, November 6, 2026).
2. The valuation gap
Yahoo Finance noted that the $1.25 trillion figure sits below the $1.4 trillion valuation OpenAI first sought (Yahoo Finance, November 6, 2026). In late September, Bloomberg had reported that OpenAI was looking to raise $30 billion in the round, so the amount raised so far is well short of that goal (TechCrunch).
3. The IPO backdrop
The same day, Bloomberg reported that potential buyers of shares in Anthropic's IPO were eyeing a lower valuation than Anthropic had targeted. Some believe Anthropic's valuation could be as low as $1.1 trillion, compared with the $2 trillion investors were said to expect about a month earlier (TechCrunch, citing Bloomberg). OpenAI had earlier signaled it would go public this year, then delayed those plans. TechCrunch reports that expectations point to an OpenAI IPO next year at some point.
Bloomberg also described a post-election selloff in AI stocks that left prospective investors facing a weekend of uncertainty (Bloomberg, November 6, 2026).
4. What to watch
- Whether the round closes near $20 billion, as Bloomberg's source suggested, or reaches the $30 billion target.
- Whether the final valuation holds at $1.25 trillion or moves toward the $1.4 trillion first sought.
- How Anthropic's IPO pricing, now being discussed at lower levels, affects investor appetite for OpenAI.
Sources: TechCrunch, November 6, 2026; Reuters, November 6, 2026; Bloomberg, November 6, 2026; Yahoo Finance, November 6, 2026.
FAQ
How much has OpenAI raised?
About $11 billion so far, according to Bloomberg's reporting on November 6, 2026. That is the first part of a larger round that has not closed.
What valuation is the round at?
$1.25 trillion, below the $1.4 trillion OpenAI first sought, according to Yahoo Finance and the Bloomberg and Reuters reports.
Did OpenAI confirm the figures?
Not in the reporting reviewed here. TechCrunch said it had reached out to OpenAI for comment, and the figures come from sources cited by Bloomberg and Reuters.