EventBusinessNovember 11, 2026

OpenAI sought $30B at $1.4T valuation, fueling VC correction fears

Read original source →bloomberg.com

OpenAI presented terms for at least $30 billion in new capital at a $1.4 trillion valuation after late-September talks with interested backers. Bloomberg reports the scale of OpenAI and Anthropic valuations has venture investors warning of a startup correction.

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OpenAI sought $30B at $1.4T valuation, fueling VC correction fears