OpenAI Hits $1.25 Trillion Valuation Amid $11 Billion Funding Push; Round Remains Open
United States
Dado Ruvic/Reuters
What Happened
What Happened
Where Sources Disagree
- arrows_outputInitial Valuation Target: While some investors indicate OpenAI initially sought a valuation of $1.5 trillion, other reporting suggests the company had targeted an initial valuation of $1.4 trillion.
- arrows_outputAnthropic Valuation Estimates: Some market assessments value rival Anthropic’s planned IPO at approximately $1.5 trillion, while other reports indicate potential buyers are eyeing a valuation as low as $1.1 trillion.
Timeline
November 6, 2026
IPO Outlook and Prior Funding: Coverage noted expectations that OpenAI could IPO next year, while also providing context that the company had raised $122 billion from investors in March at an $852 billion valuation and that CEO Sam Altman said earlier this year the firm was holding off on an IPO until it could better demonstrate model safety.
November 6, 2026
Market Sentiment Cools: Reporting said sentiment toward AI companies had cooled in the prior month, with potential buyers eyeing a substantially lower valuation for Anthropic's IPO (some estimating about $1.1 trillion versus earlier expectations near $2 trillion), and Anthropic had filed its S-1 last week. The chill in markets and midterm results were cited as factors affecting AI valuations.
November 6, 2026
$11B Is Partial Target: The $11 billion represents only a portion of an originally larger target (reports said up to $30 billion), and sources said the round is expected to close in the coming weeks and could total about $20 billion. Coverage also notes the company scaled back its earlier, higher valuation targets.
Summary by Ground AI
Sources
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Timeline
November 6, 2026
IPO Outlook and Prior Funding: Coverage noted expectations that OpenAI could IPO next year, while also providing context that the company had raised $122 billion from investors in March at an $852 billion valuation and that CEO Sam Altman said earlier this year the firm was holding off on an IPO until it could better demonstrate model safety.
November 6, 2026
Market Sentiment Cools: Reporting said sentiment toward AI companies had cooled in the prior month, with potential buyers eyeing a substantially lower valuation for Anthropic's IPO (some estimating about $1.1 trillion versus earlier expectations near $2 trillion), and Anthropic had filed its S-1 last week. The chill in markets and midterm results were cited as factors affecting AI valuations.
November 6, 2026
$11B Is Partial Target: The $11 billion represents only a portion of an originally larger target (reports said up to $30 billion), and sources said the round is expected to close in the coming weeks and could total about $20 billion. Coverage also notes the company scaled back its earlier, higher valuation targets.
