Round still open
According to TechCrunch, OpenAI has raised an additional $11 billion as part of an ongoing funding round. The round has not officially closed yet and is expected to be completed in the coming weeks.
Valuation at $1.25 trillion
The additional funding points to a valuation of $1.25 trillion. The amount ranks among the largest private capital raises in a single round.
Why it matters
OpenAI has recently been in the spotlight with data center investments, new models and enterprise deals. A raise of this scale could further strengthen the company's infrastructure spending and its position in the AI race.
Details remain limited
The report does not include the identity of investors, the total size of the round or how the funds will be used. There has been no official statement from the company yet.
