OpenAI has collected $11 billion in a funding round that has not closed, and a source told Bloomberg the final total could be about $20 billion. The valuation stays at $1.25 trillion, the same price we covered when a $30 billion deal looked nearly finished. TechCrunch, citing Bloomberg’s sources, reported the new figures on 6 November.
If the round ends at $20 billion, it lands a third under the target Bloomberg reported in late September (our arithmetic). TechCrunch had asked OpenAI for comment at publication.
Hours earlier, Bloomberg reported that some potential buyers of shares in Anthropic’s planned IPO are looking at a value that could dip to $1.1 trillion. Investors were said to expect $2 trillion about a month before. TechCrunch ties the jitters to the Democratic landslide in the US midterms and to voters’ sour mood on data centers, which has people bracing for new regulation.
OpenAI’s $1.25 trillion price now rests on a smaller cheque than planned, and that is the number buyers will hold against it when the company lists, which is expected sometime next year.
Reported by TechCrunch on 6 November 2026, citing Bloomberg.
