Bloomberg reported that OpenAI had received an initial tranche of about $11 billion at a $1.25 trillion valuation. The funds had been wired by Friday, November 6, 2026, according to the report. That was one part of a larger funding round.

The $11 billion was a first tranche

Bloomberg said the wider round could reach $20 billion. That figure was a possible total, not the amount reported in the initial transfer. On November 9, Crowdfund Insider described the broader raise as still open.

The $11 billion figure refers to the reported first tranche; up to $20 billion was the possible total for the wider round.

How it relates to the earlier target

Reuters, in a report republished by MarketScreener, put OpenAI’s earlier fundraising target at up to $30 billion. NeoTeo previously covered the reported reduction in the round’s target. The $30 billion target, the first $11 billion tranche and the possible $20 billion total refer to different stages of the financing.