New turn in OpenAI funding as value falls to $1.25 trillion

OpenAI is in a funding round with investors. It first wanted a value of $1.5 trillion.

OpenAI has a value of $1.25 trillion in its new funding round. Reuters reported this on 6 November 2026 and cited a source and two investors. The value is $50 billion less than the company wanted. The round has closed on $11 billion of new money. Reuters says that investors are less keen on AI companies than a month ago.

What changed

The $11 billion is only part of the $30 billion goal. Bloomberg quotes a source who says the remaining money is due in the next weeks. The total can be as much as $20 billion.

The market signs

On 5 November, a selloff took $2.5 trillion from the value of the Nasdaq stock market. It was the largest one day drop since April 2025. Reuters says investors think that new Democratic members of the US Congress will look harder at AI. One example is data center plans.

What is not known

Some investors value the planned share sale of Anthropic at about $1.5 trillion, not $2 trillion. Four sources say that backers are not sure that the sale can go on in November. Anthropic can also wait until the market is calm.

Insight: OpenAI pledged to pay its power bills as the market feared the politics

On 5 November, OpenAI pledged to pay the full electricity cost of its data centers. That day, a selloff was linked to worry about US checks on data center plans. This reads as a move to calm a political risk that investors price at this time. The Democratic AI bills of January are the next test. Add political risk to your supplier checks.