OpenAI has reportedly secured $ 11 billion in funding as the first portion of a larger financing round valuing the ChatGPT developer at $1.25 trillion. The company could raise approximately $20 billion in total, although the remaining financing has not closed.
According to a Bloomberg report published Nov. 6, 2026, the initial investment has been transferred to OpenAI. The remaining commitments could be finalized over the coming weeks.
OpenAI $11 Billion Funding Falls Below Earlier Target
OpenAI originally sought approximately $30 billion at a $1.4 trillion valuation, according to September fundraising reports. The revised figures represent a reduction in both its funding expectations and valuation.
TechAmerica previously covered OpenAI’s reduced fundraising target as investors questioned rising AI infrastructure costs.
Anthropic IPO Faces Similar Valuation Pressure
OpenAI’s financing comes as rival Anthropic prepares for a potential public offering. Bloomberg reported that prospective investors were discussing valuations between $1.2 trillion and $1.3 trillion, with some considering $1.1 trillion.
Earlier expectations approached $2 trillion. CNBC also reported growing skepticism about whether Anthropic could achieve a $1.5 trillion valuation.
AI Market Selloff Raises Questions About IPO Plans
OpenAI has delayed its public listing plans, although executives have expressed confidence about a potential 2027 debut. As Reuters reported, OpenAI President Greg Brockman said enterprise customers now generate most of the company’s revenue.
Investor caution intensified after the November midterm elections. A sharp Nasdaq selloff reflected concerns about AI infrastructure spending and potential restrictions on data center development.
OpenAI has not publicly confirmed the final terms of its funding round. The reported $20 billion target remains subject to additional investor commitments and market conditions.
