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Monday, November 9, 2026Sources checked

Business

OpenAI Expected to Brief Investors Next Week After Raising $11 Billion

By Jemima McEvoy, The Information

OpenAI Expected to Brief Investors Next Week After Raising $11 Billion

Picture: The Information

OpenAI has closed the first part of its latest fundraising round, raising $11 billion at a $1.25 trillion valuation before the investment, according to a person familiar with the discussions. In total, the company is looking to raise $20 billion in this round. It will finalize the rest of its ...

This report was first published by The Information. What you see here is a brief excerpt. The full text is theirs.

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