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OpenAI secures $11 billion funding at $1.25 trillion valuation, Bloomberg News reports

Reuters
OpenAI secures $11 billion funding at $1.25 trillion valuation, Bloomberg News reports

Nov ‌6 (Reuters) - OpenAI ​has ‌closed on ‌new funding ‌of $11 billion, the initial part ⁠of ‌a round ⁠that values ​the company ​at $1.25 ​trillion, ‌Bloomberg News ​reported ⁠on ‌Friday, citing ​people ​familiar with the matter.

(Reporting ‌by Prathik ‌Jayaprakash in ​Bengaluru; Editing by ‌Leroy Leo)