OpenAI’s new funding round climbs to $11 billion at a $1.25 trillion valuation
OpenAI has reportedly raised $11 billion so far in a new funding round that values the AI lab at $1.25 trillion. The round has not closed yet, and Bloomberg said it could total about $20 billion in the coming weeks. Funding progress and target Bloomberg reported the new funding on Friday, citing sources familiar with the matter. The outlet said the $11 billion is part of a larger round that…