marketNovember 8, 2026
OpenAI raises $11B at $1.25T valuation
OpenAI has completed a new funding round of $11 billion. The deal values the ChatGPT developer at $1.25 trillion.
Among the investors are SoftBank and the UAE fund MGX, Reuters reports, citing participants in the round.
For someone who holds or exchanges cryptocurrency, the news does not directly concern digital assets: it is about financing an AI developer, not the crypto market.