OpenAI has reportedly raised an additional $11 billion as part of a funding round that hasn't closed yet but is expected to in the coming weeks.
OpenAI reportedly raises an additional $11 billion at a $1.25 trillion valuation
TE TechCrunch 
Key takeaways
OpenAI raised $11 billion in a new funding round, valuing the company at $1.25 trillion, with a potential total of $20 billion.
- OpenAI raised $11 billion in a new funding round, valuing the company at $1.25 trillion.
- The funding round could total up to $20 billion and is expected to close soon.
- OpenAI previously aimed to raise $30 billion in this round, falling short of the target.
Summarised automatically by AI from the original article by TechCrunch. AI can make mistakes, so check the original for details.
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Related reporting
4 stories on this topic from 4 sources, oldest first.
- Hacker News OpenAI raises less than half of $30B target
- TechCrunch OpenAI reportedly raises an additional $11 billion at a $1.25 trillion valuation (this story)
