#OpenAI raised $11 billion at a valuation of $1.25 trillion.
The money came in on November 6 as part of a funding round that could reach $20 billion in the coming weeks.
It is unclear whether the valuation is pre- or post-money.
OpenAI initially planned to raise $30 billion or more at a valuation of $1.4 trillion, but lowered its targets amid a sell-off in shares of AI-related companies.
In March, the company raised $122 billion at a valuation of $852 billion.
The investors' names have not been disclosed.
$OPENAI
The money came in on November 6 as part of a funding round that could reach $20 billion in the coming weeks.
It is unclear whether the valuation is pre- or post-money.
OpenAI initially planned to raise $30 billion or more at a valuation of $1.4 trillion, but lowered its targets amid a sell-off in shares of AI-related companies.
In March, the company raised $122 billion at a valuation of $852 billion.
The investors' names have not been disclosed.
$OPENAI
