OpenAI's new funding: first tranche of $11 billion received, valuation drops to $1.25 trillion

Cailian Press Financial News Agency

Open APP

Is the AI wind direction changing? OpenAI's financing and valuation both shrink sharply; first installment of $11 billion said to have arrived

Cailian Press, Bian Chun, Editor: Qu Weizhi, 2026-11-07 10:18

① According to reports, OpenAI's new round of financing has received an initial payment of approximately $11 billion, valuing the company at $1.25 trillion. ② The remainder of this financing round is expected to be completed in the coming weeks, with the total amount raised potentially reaching up to $20 billion; ③ It was previously reported that OpenAI initially planned to raise at least $30 billion at a valuation of $1.4 trillion.

Cailian Press, November 7 (Editor: Bian Chun) — According to media reports citing people familiar with the matter, OpenAI's new round of financing has received an initial payment of approximately $11 billion, valuing the company at $1.25 trillion.

According to people familiar with the matter, as of Friday, this initial funding had been transferred into OpenAI's account. The remainder of this financing round is expected to be completed in the coming weeks, with the total amount raised potentially reaching up to $20 billion.

People familiar with the matter said that investors participating in the first phase of financing include Coatue Management and T. Rowe Price. Other investors in this round include SoftBank Group, Sequoia Capital, Founders Fund, and Andreessen Horowitz. It was previously reported that an investor consortium from the UAE also participated in this round.

After postponing its initial public offering (IPO) plans, OpenAI has been negotiating with investors for more than a month over a large-scale financing.

It was previously reported that OpenAI initially planned to raise at least $30 billion at a valuation of $1.4 trillion. But as AI stocks suffered a sharp sell-off in public markets, the company subsequently scaled back its financing plans.

OpenAI raised $122 billion at a valuation of $852 billion in a financing round in March this year.

OpenAI's rival, Claude developer Anthropic, has also seen its expected IPO valuation greatly discounted. Just a month ago, some investors still believed that Anthropic could hit a $2 trillion market value when it went public. Recent reports said its IPO valuation had shrunk to $1.5 trillion. Now, with the formal roadshow about to begin, the psychological price levels of some potential buyers have fallen further.

The latest report on Friday shows that the latest valuation discussions took place after the U.S. midterm elections triggered a sharp sell-off in U.S. stocks. According to people familiar with the matter, some potential investors believe Anthropic's valuation should be between $1.2 trillion and $1.3 trillion.

Artificial Intelligence

AIGC

Cailian Press statement: The content of this article is for reference only and does not constitute investment advice. Investors operate at their own risk based on this.

Business cooperation

Popular unlocks

[Institutional Dragon-Tiger List interpretation] Token going global + computing power leasing, relying on location advantages to promote cross-border circulation of Token production capacity, building a global-facing AI computing power service channel, and continuously deepening layout in the ASEAN market, signing a $200 million cross-border token sales service contract; this company received net buying

① Token going global + computing power leasing, relying on location advantages to promote cross-border circulation of Token production capacity, building a global-facing AI computing power service channel, and continuously deepening layout in the ASEAN market, signing a $200 million cross-border token sales service contract; this company received net buying; ② AI film and television + IP + ByteDance, accelerating the advancement of technological applications such as AI and industry-finance coordination, jointly launching the first internal test of Seedance2.5 with Jimeng AI, and working with Volcano Engine to implement AIGC content co-creation based on Seedance2.5; institutions made large net purchases of this company.

[Telegram interpretation] As the fundamental environment for dividend assets improves, institutions are optimistic that their "safe haven" value will become more prominent in a market with intensifying volatility. A quick review of A-share listed companies with dividend yields above 5% (attached table)

As the fundamental environment for dividend assets improves, institutions are optimistic that their "safe haven" value will become more prominent in a market with intensifying volatility. A quick review of A-share listed companies with dividend yields above 5% (attached table); this consumer company's dividend yield over the past 12 months reached 11%.

[Sniper Dragon-Tiger List Monthly Review] Interpreting the logic of main funds and sensing market trading sentiment, why did robots, consumption, and the "Yang-generation" stand out? The column provides answers, and three companies mentioned later achieved three consecutive limit-ups

① The column interprets an important segmented field of the robotics industry; a popular company in the reducer industry strongly achieved three consecutive limit-ups; ② The column tracked the company's performance for a second time, interpreting the logic of funds; this retail leader continued to attract market attention and secured three consecutive limit-ups; ③ Efficient interpretation: among the companies mentioned in the column, 25% hit the daily limit on the first day; this aquatic products company, combined with the "Yang-generation" heat, rose by more than 51% at its highest within the month.

Related reading

"Blue wave" does not hinder data center construction! White House official reassures market; Trump says he 100% supports SI

Cailian Press, Bian Chun, 2026-11-07 08:21

① As U.S. tech stocks came under pressure from concerns about slowing data center construction, National Economic Council Director Kevin Hassett said on Friday that despite the "blue wave" in the midterm elections, he expects data center construction to continue as planned. ② U.S. President Trump said on Friday that he 100% supports superintelligence (SI) and will work with the many U.S. states that hope to become wealthy by having them.

NVIDIA seeks to break the memory bottleneck; TSMC said to consider 3D DRAM layout

Cailian Press, Niu Zhanlin, 2026-11-07 01:28

① TSMC recently began formulating production plans for advanced memory chips and is considering manufacturing a new type of memory chip called 3D DRAM; ② TSMC is evaluating two options: building a new plant or acquiring an existing semiconductor plant and converting it into a memory chip production facility. A mass production timeline has not yet been specified.

Cailian Press, Shi Zhengcheng, 2026-11-06 18:06

① Japan's Fuji Television plans to select at least one drama each broadcast season starting this autumn for key AI trials, and by around October 2027, enable all in-house production teams to use the technology as needed; ② The science fiction film "Gods Never Give Gifts" is scheduled to be released in U.S. theaters on December 4, and the filmmakers call it the first feature-length film to hit theaters with all visuals generated by AI.