OpenAI valued at $1.25 trillion, as rival Anthropic nears its IPO

CEO Sam Altman said recently that OpenAI is prioritizing safety instead of going ‘guns blazing’ toward an IPO.CEO Sam Altman said recently that OpenAI is prioritizing safety instead of going ‘guns blazing’ toward an IPO.Nov 6, 2026, 11:46 PM UTCImage: The VergeOpenAI is now valued at $1.25 trillion in a new round of funding that has raised another $11 billion, according to Bloomberg. That would make it one of the world’s most valuable companies, not long after raising $122 billion from investors in March at a valuation of $852 billion.Echoing FT and Wall Street Journal reports from last week, Bloomberg says OpenAI is still pursuing additional investments that could increase the amount to $20 billion, and that it had initially hoped to raise as much as $30 billion at a higher valuation of $1.4 trillion. That was before tech stocks dropped, and the results of the midterms showed how much public opinion has turned against AI companies and data center projects.OpenAI’s rival Anthropic filed its S-1 to go public last week. Earlier this year, OpenAI CEO Sam Altman said it’s holding off on its own IPO until it can make more confident claims about its models’ safety. He didn’t give a specific timeline for the IPO, but said at the time, “I think it’s also kind of bad for the world if OpenAI waits too long to go public.”Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.Stevie BonifieldThe Verge DailyA free daily digest of the news that matters most.Email (required)By providing your information, you agree to our Terms of Use and our Privacy Policy. We use vendors that may also process your information to help provide our services. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. ​