OpenAI gets $11 billion funding at $1.25 trillion valuation: Report

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at 07 Nov, 02:29 UTC

OpenAI completed a substantial funding round, securing $11 billion to increase its valuation to $1.25 trillion. The funding was finalized after the company scaled back its initial plans for over $30 billion. Citing market conditions, OpenAI has encountered shifting investor sentiment toward AI…

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Sources

• T1OpenAI gets $11 billion funding at $1.25 trillion valuation: ReportEconomic Times — Tech / Technology / Startups / ETTelecom07 Nov, 02:29