# OpenAI raises $11B at a $1.25T valuation

- HackerByte page: <https://hackerbyte.net/en/stories/news-regarding-openai-s-new-funding-round-and-valuation-50413822>
- Original source: <https://247wallst.com/investing/2026/11/07/openai-just-raised-11-billion-at-a-1-25-trillion-valuation-below-the-1-4-trillion-it-first-sought/>
- Hacker News discussion: <https://news.ycombinator.com/item?id=50413822>
- Submitted to Hacker News: 2026-11-08T14:49:23.000Z

News regarding OpenAI's new funding round and valuation.

## AI-generated summary

OpenAI has secured $11 billion in new funding at a $1.25 trillion pre\-money valuation, falling short of its initial target of $30 billion or more at a $1.4 trillion valuation. The round, which saw participation from SoftBank and Abu Dhabi's MGX, was impacted by a broader AI stock sell\-off. This funding is crucial for both Microsoft and NVIDIA, as both companies have significant dependencies on OpenAI's financial stability and compute needs.

## Key points

- OpenAI raised $11 billion, with potential to reach $20 billion, at a $1.25 trillion valuation.
- The company initially sought to raise over $30 billion at a $1.4 trillion valuation.
- SoftBank and Abu Dhabi's MGX participated in the funding round.
- OpenAI reported 70% quarter\-over\-quarter growth and 1.2 billion weekly ChatGPT users.
- Microsoft and NVIDIA's investments are significantly influenced by OpenAI's funding status.