EventBusinessNovember 6, 2026

OpenAI closes $11B first tranche at $1.25T valuation

Read original source →techcrunch.com

The $11B is the initial close of a round that could reach $20B, down from OpenAI's original $30B target at a $1.4T valuation. Coatue and T. Rowe Price joined the first close; SoftBank, Sequoia, Founders Fund and a16z are also in the round.

How this story unfolded

2 days · 3 reports · 1 community post · from Nov 6

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