OpenAI Raises Funding at 1.25 Trillion Valuation
Left 67%
Center 33%
Right 0%
2 left · 1 center · 0 right
What happened
The story was first reported by Bloomberg on 2026-11-06 and credited as the origin by two outlets on this story (center-leaning: TechCrunch; left-leaning: The Verge); the first on-record source was Gil Luria (CNBC, 2026-11-06). Bloomberg, citing sources familiar with the matter, reported that OpenAI has raised $11 billion so far in a new funding round valuing the company at $1.25 trillion; the round has not closed and could total about $20 billion in the coming weeks, after OpenAI had earlier sought as much as $30 billion at a $1.4 trillion valuation. OpenAI was valued at $852 billion in March after raising $122 billion. Rival Anthropic filed its S-1 last week for a Nasdaq IPO under the ticker ANT, and some potential buyers now see its valuation as low as $1.1 trillion, down from earlier talk of $2 trillion. OpenAI has not publicly confirmed the new round, and Anthropic declined to comment.
Sourcing check · Partly on the record · 3 articles
1 of 3 articles cite a named source for the story. It was on the record from the first report. Most articles credit Bloomberg rather than reporting it themselves.
What these terms mean and how they're counted
- On the record · names a source 1 of 3
- On the record means the article cites a source by name for the story's main claim: a person, or an institution speaking officially, such as a company statement or a named agency's spokesperson. The opposite is an unnamed source. The count is how many of the counted articles cite at least one such source; the names are everyone named across them, each once however the articles spell it. Here: Gil Luria
- Primary evidence · cites a document or data 0 of 3
- Primary evidence means the article cites a record you could check yourself: a court filing or ruling, a dataset or report, a recording or transcript, an official statement or press release, market data. A quote is not a document. The count is how many articles cite one. Here: None cited.
- Credits another outlet 2 of 3
- The article says the story comes from another outlet's reporting (“first reported by Reuters”). Those articles relay the story; they are not independent confirmation. Here: Bloomberg
- Unnamed sources 3 of 3
- The main claim is attributed to people who are not identified: “people familiar with the matter”, “officials said”. The count is how many articles do this. Here: e.g. “stakeholders told CNBC”, “one investor said”
- How it developed
- When the first report landed and whether it named anyone; when the first named source and the first document appeared. Here: First report Nov 6, 21:07 UTC by CNBC, naming its source.
- Not counted 0
- Opinion, analysis and video pieces, and articles too short to assess. Every count above is out of the counted articles. An article republished under a new headline is one article.
This is about who is cited, not whether the story is true. Each source below says what it names. How we count
ONE-SIDED THIS WEEK.
Only left-leaning outlets have covered this story in the last two days;
New York Post reported it on 2026-10-26.
Omitted — what each side leaves out
Unpacked
Right-leaning outlets had not covered this as of publication, so those readers miss that OpenAI now carries a $1.25 trillion valuation. Left-leaning coverage reports a funding event, but The Verge and CNBC do not agree on which company is the story. The first centers a still-open OpenAI round. The second never mentions that raise and instead follows Anthropic investors who call a higher IPO target a "stretch." Someone who saw only the silent side would not know a new OpenAI price exists at all.
Left-leaning coverage also splits on what belongs in the lead. One outlet opens on OpenAI's rise among the world's most valuable private firms. The other opens on a post-midterm tech selloff and on political resistance to data-center buildout.
Who put up the new capital, and what OpenAI results support the price?
Bottom line
CNBC skipped OpenAI's round to chase Anthropic's IPO scare, and right-leaning outlets reported nothing on the $1.25 trillion price.
The receipts — 3 facts one side's coverage lacks
- OpenAI has raised $11 billion so far in the new round
- The round has not closed and could total about $20 billion
- OpenAI had initially hoped to raise $30 billion in the round
The Left View
CNBC, The Verge, and TechCrunch all report Bloomberg’s OpenAI figures—$11 billion raised at a $1.25 trillion valuation, with the round still open and possibly reaching $20 billion—and a parallel markdown in Anthropic’s expected IPO valuation. CNBC focuses on Anthropic, quoting unnamed investors who called a $1.5 trillion valuation a “stretch” and tying the reset to a Nasdaq drop of more than 5%, a post-midterm slump, and fears that Democratic gains and opposition to data centers will slow AI buildout; analyst Gil Luria said investors will expect the IPO to be priced at least at the low end of previous expectations. The Verge leads with OpenAI’s $1.25 trillion valuation, notes Sam Altman’s comments that the company is prioritizing safety rather than going “guns blazing” toward an IPO, and links both companies’ reset to midterm results showing public opinion turning against AI firms and data-center projects. TechCrunch reports the OpenAI round as falling well short of a late-September $30 billion target and notes that potential Anthropic IPO buyers are eyeing a valuation as low as $1.1 trillion versus $2 trillion a month earlier.
Our Take (balanced)
The story mixes checkable corporate steps with uncorroborated deal talk. Anthropic’s S-1 filing and planned Nasdaq listing are specific and documentable, and Gil Luria is a named on-record source on IPO pricing; the OpenAI $11 billion raise and $1.25 trillion valuation—and the unfinished $20 billion total—rest on unnamed sources cited by Bloomberg and have not been confirmed by OpenAI. Established are Bloomberg’s 2026-11-06 report, the credit given by TechCrunch and The Verge, Anthropic’s public-filing move, and Luria’s quoted caution. Remaining alleged are the precise OpenAI terms and unnamed investors’ markdown of Anthropic from $2 trillion toward $1.1–1.25 trillion. No right-leaning outlet has reported this. Watch for OpenAI confirmation or a close of the round, Anthropic’s roadshow and disclosed price range, and any official comment from either company.
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