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OpenAI's initial $11 billion funding has been secured, with the scale reduced from the original plan.

10 reports6 outlets3 days agoUpdate

The story so far

No overview yet — start with the coverage timeline below.

Developments

4 developments

  1. 11 Nov, 07:42 · 1 reports
    Revenue surged
    36Kr · AI:OpenAI's third-quarter revenue is reportedly reached $10 billion, a nearly 50% increase year-over-year.
  2. 7 Nov, 07:24 · 4 reports
    Completing the first new financing round
    The Decoder:
  3. 7 Nov, 06:53 · 1 reports
    OpenAI funding rumors
    TechCrunch · AI:
  4. 4 Nov, 01:16 · 1 reports
    Running Dry
    Where's Your Ed At:OpenAI's funding struggles, the AI industry's capital surge phenomenon is reversing

Coverage timeline

Follow the coverage to see every side of the story.

12 Nov
  1. TechCrunch · AI
    OpenAI's quarterly revenue surpasses $1 billion for the first time

    OpenAI's quarterly revenue has for the first time exceeded $1 billion, growing nearly 50% compared to the previous quarter, with adjusted operating margin narrowing from -150% to -109%; the company's annual revenue run rate reached $50 billion, but enterprise market revenue growth lagged behind Anthropic.

11 Nov
  1. The DecoderFeatured
    Corporate sales drive OpenAI's third-quarter revenue to $10 billion, still lagging behind Anthropic

    According to reports from The Wall Street Journal and The Information, OpenAI's revenue grew by about 50% quarter-on-quarter to $10 billion, while adjusted operating losses increased slightly from $10.1 billion to $10.9 billion.

4 Nov
  1. Where's Your Ed At
    OpenAI's funding struggles, the AI industry's capital surge phenomenon is reversing

    OpenAI completed a $11 billion funding round in early November 2026 with a valuation of $125 billion, despite lukewarm interest from the capital markets, but it has revealed increased difficulty in subsequent funding. This round of investment reflects investors' doubts about OpenAI's revenue growth ($6.7 billion in the second quarter of 2026) and cost control, as the company's Q1 2026 revenue costs reached $12.1 billion.

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