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OpenAI raises $11 billion at $1.25 trillion valuation

OpenAI has taken in $11 billion in new funding, which values the company at $1.25 trillion. The round could nearly double in size in the coming weeks, and it follows a much larger raise in March.

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OpenAI Group PBC has raised $11 billion in a new funding round. Investors are said to have sent the money to the company on the day of the news. The round values the company at $1.25 trillion.

The round may not be finished. It could nearly double in size over the coming weeks. The backers have not been named.

In numbers

$11 billionNew funding raised
$1.25 trillionOpenAI valuation
$852 billionMarch valuation

The list of possible participants includes Microsoft Corp. The material says only that Microsoft is among those who could take part, not that it has done so.

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The new valuation would place OpenAI among the most valuable companies in the world. A valuation is the price investors put on a whole company, based on what they pay for a share of it.

OpenAI valuation, March and now

  • March852 billion $
  • New round1,250 billion $

Valuations of OpenAI as stated in the material, in billions of dollars.

The jump is steep. In March, the company raised $122 billion from investors at a valuation of $852 billion. The new figure is well above that earlier mark.

Background

In March, OpenAI raised $122 billion from investors at a valuation of $852 billion.

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