AI Market Movers · Frontier labs & chatbots
OpenAI
Private
OpenAI is the San Francisco lab behind ChatGPT. The GPT models, and the API those models run through, are still what a lot of other products are built on.
- Site
- openai.com
- Product
- ChatGPT
- Who
- Sam Altman, CEO
- Last reported post-money
- $852B
- As of
- March 2026
- Round
- $122B round, last reported post-money.
On X
JUST IN: OpenAI closes $11 billion of its new funding round at a $1.25 trillion valuation. It started out seeking more than $30 billion at $1.4 trillion, then scaled back to $20 billion at $1.25 trillion. The remaining $9 billion is “expected to be completed in the coming
— unusual_whales (@unusual_whales) Nov 6, 2026
OPENAI HAS REPORTEDLY CLOSED $11 BILLION IN NEW FUNDING AT A $1.25 TRILLION VALUATION The money was wired to the company as of Friday, per Bloomberg. It's the first part of a round that could reach as much as $20 billion. OpenAI originally set out to raise $30 billion or more
— Evan (@StockMKTNewz) Nov 6, 2026
Latest news
Bloomberg
OpenAI closes $11 billion funding tranche at $1.25 trillion valuationOpenAI has closed the first $11 billion of a new funding round valuing the company at $1.25 trillion, Bloomberg reported Friday, citing people familiar with the matter. The funds…
Bloomberg
OpenAI staffer pleads not guilty to office bugging chargeAbdulrahman Alfozan, the former OpenAI engineer arrested in October after the FBI said he hid a recording device in an OpenAI executive conference room, pleaded not guilty Friday…
CNBC
OpenAI will keep investing in AI data centers despite election results, CFO tells CNBCOpenAI CFO Sarah Friar told CNBC on Friday the company will continue investing in AI infrastructure even after voters rebuked data centers in Tuesday's midterms, saying customer…
The Mercury News
Man claims in lawsuit that ChatGPT told him to stop paying rent and got him evictedKlaus Elmfelt, a 60-year-old Dane, sued OpenAI in San Francisco Superior Court alleging ChatGPT advised him to withhold rent during a landlord dispute, leading to his eviction and…
The Verge
ChatGPT gets animated GIFs with new Images 2.6 modelThe Verge confirms OpenAI rolled out Images 2.6 in ChatGPT and Codex on all tiers: users can generate animated GIFs from a prompt or photo, adjusting playback speed and editing…
In the Daily
· Closing Time
Closing Time: The multiple just blinkedOpenAI will keep pouring capital into data centers despite midterm voters’ backlash against the buildout, CFO Sarah Friar told CNBC at Citi’s TMT summit.
· Morning Brief
The calendar just slippedCNBC reports that IREN delayed some Microsoft AI infrastructure deliveries after the customer requested a network redesign to support the latest frontier models on 200 MW in Texas.
· Closing Time
Will the blue wave slow data center development?The Nasdaq Composite fell nearly 4% and slipped more than 10% below its October record, confirming a correction, as investors fretted that a Democratic sweep will slow data-center buildouts, Investing.com reports, citing Reuters.
· Morning Brief
Enterprise just took the wheelReuters reports that OpenAI president Greg Brockman said Wednesday at the WSJ Tech Live conference in Napa that the company now generates the majority of its revenue from enterprise sales.
· Closing Time
Closing Time: The hottest AI lab is paying surge pricesTechCrunch reports that Anthropic’s revenue jumped to $17 billion last quarter, but it had to buy $5 billion of computing power on short notice at premium prices, and its margins got worse as a result.