# OpenAI Closes $11 Billion First Tranche at $1.25 Trillion Valuation

> OpenAI raised $11 billion in a first funding round at a $1.25 trillion valuation, below earlier targets, signaling more cautious AI investment.

- Type: AI news
- Page: https://completeaitraining.com/news/openai-closes-11-billion-first-tranche-at-125-trillion/
- Published: 2026-11-06
- Updated: 2026-11-07
- Author: Jeroen Erne
- Jobs: Executives and strategy, Finance, Legal, PR and communications, Sales
- Reading time: 1 min

OpenAI has closed the first tranche of a larger funding round, securing $11 billion at a valuation of $1.25 trillion. The closing came in below the company’s earlier valuation and cash targets, reflecting a cooling in AI markets.

The reset marks a significant private-market signal that even leading AI labs are encountering greater investor price discipline. The terms of the initial portion point to a more measured fundraising environment for the sector.

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