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OpenAI valued at $1.25 trillion, as rival Anthropic nears its IPO
- Publisher
- The Verge
- Topic
- AI
- Location
- California, US
- Published
- Nov 6, 2026 · 11:46 PM
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OpenAI is now valued at $1.25 trillion in a new round of funding that has raised another $11 billion, according to Bloomberg. That would make it one of the world's most valuable companies, not long after raising $122 billion from investors in March at a valuation of $852 billion.
Echoing FT and Wall Street Journal reports from last week, Bloomberg says OpenAI is still pursuing additional investments that could increase the amount to $20 billion, and that it had initially hoped to raise as much as $30 billion at a higher valuation of $1.4 trillion. That was before tech stocks dropped, and the results of the midterms showed how much public o …
Article at a Glance
- Publisher
- The Verge
- Author
- Stevie Bonifield
- Primary topic
- AI
- Coverage
- California, US
- Published
- Nov 6, 2026 · 11:46 PM
About the Publisher
The Verge is about technology and how it makes us feel. Founded in 2011, we offer our audience everything from breaking news to reviews to award-winning features and investigations, on our site, in video, and in podcasts.
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This report is associated with California, US based on the location metadata supplied with the story or publisher profile.
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Primary topic: AI
Related topics: AI, California, Local News
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