Please ensure Javascript is enabled for purposes of website accessibility

Nasdaq Rebounds as Chips Stocks Recover From Steep Losses
Economy
6 hours ago

Attorney Whose Office Oversaw Trump’s Election Conspiracy Probe Resigns
U.S.
6 hours ago

High Gas Prices Boost Sales for Hybrid Giant Toyota, Sending Stock Soaring
Automotive
1 day ago

Justice Alito Won’t Retire Immediately, Despite Election Outcome
Courts
1 day ago

Man Allegedly Shows Gun During Argument at Fresno County Social Services Office
Local
1 day ago

California Billionaires Faced Down a Tax, Won New Protections for Their Wealth
State Elections
1 day ago

Latino Voters Reshape Electoral Map Once Again
Politics
1 day ago

Who Was Tuesday’s Second-Biggest Loser? None Other Than Elon Musk
Opinion
1 day ago

Only One US Restaurant Made the World’s 50 Best. It’s in New York
Food
1 day ago

California Billionaires Faced Down a Tax and Won New Protections for Their Wealth
California
1 day ago
Group 4
ELECTIONS
Tech
OpenAI Secures $11 Billion Funding at $1.25 Trillion Valuation, Bloomberg News Reports
Reuters logo
By Reuters
Published 20 seconds ago on
November 6, 2026
more from Reuters
An OpenAI logo is displayed at Moscone Center during the Dreamforce 2026 technology summit in San Francisco, California, US, September 17, 2026. (Reuters File)

An OpenAI logo is displayed at Moscone Center during the Dreamforce 2026 technology summit in San Francisco, California, US, September 17, 2026. (Reuters File)

Share

Getting your Trinity Audio player ready...

OpenAI has closed on new funding of $11 billion, the initial part of a round that values the company at $1.25 trillion, Bloomberg News reported on Friday, citing people familiar with the matter.

(Reporting by Prathik Jayaprakash in Bengaluru; Editing by Leroy Leo)

RELATED TOPICS:

DON'T MISS

Fresno Executive Indicted in Nearly $65 Million Fraud Scheme, Federal Prosecutors Say

DON'T MISS

OpenAI Secures $11 Billion Funding at $1.25 Trillion Valuation, Bloomberg News Reports

DON'T MISS

US Approves Potential $1.08 Billion Black Hawk Helicopter Sale to Mexico

DON'T MISS

Six Suspected Gang Members Arrested After Modesto Home Invasion

DON'T MISS

Threat Prompts Lockdowns at Oakhurst Elementary, Oak Creek Intermediate

DON'T MISS

Right-Wing Firebrand Lauren Boebert Is Locked in a Close Race

DON'T MISS

Dollar Jumps After Strong US Payrolls Report

DON'T MISS

US Global Health Strategy Jeopardizes Prevention of Pandemics, Experts Warn

DON'T MISS

Cornell Faculty Senate Declares No Confidence in University Leadership

DON'T MISS

After Israel’s Election, Who Will Get the First Chance to Form a Government?

DON'T MISS

Which NFL Star Will Host a Youth Football Camp in Fresno?

UP NEXT

US Approves Potential $1.08 Billion Black Hawk Helicopter Sale to Mexico

UP NEXT

Six Suspected Gang Members Arrested After Modesto Home Invasion

UP NEXT

Threat Prompts Lockdowns at Oakhurst Elementary, Oak Creek Intermediate

UP NEXT

Right-Wing Firebrand Lauren Boebert Is Locked in a Close Race

UP NEXT

Dollar Jumps After Strong US Payrolls Report

UP NEXT

US Global Health Strategy Jeopardizes Prevention of Pandemics, Experts Warn

UP NEXT

Cornell Faculty Senate Declares No Confidence in University Leadership

UP NEXT

After Israel’s Election, Who Will Get the First Chance to Form a Government?

UP NEXT

Which NFL Star Will Host a Youth Football Camp in Fresno?

UP NEXT

Four Things to Note From Friday’s US Jobs Report
YOU MAY LIKE

Threat Prompts Lockdowns at Oakhurst Elementary, Oak Creek Intermediate
Local /

19 minutes ago

Right-Wing Firebrand Lauren Boebert Is Locked in a Close Race
U.S. /

21 minutes ago

Dollar Jumps After Strong US Payrolls Report
Economy /

25 minutes ago

US Global Health Strategy Jeopardizes Prevention of Pandemics, Experts Warn
Healthcare /

28 minutes ago

Cornell Faculty Senate Declares No Confidence in University Leadership
Education /

35 minutes ago

After Israel’s Election, Who Will Get the First Chance to Form a Government?
World /

43 minutes ago

Which NFL Star Will Host a Youth Football Camp in Fresno?
Sports /

44 minutes ago

Four Things to Note From Friday’s US Jobs Report
U.S. /

47 minutes ago

White House Recasts Trump Arch as Military Tribute
Trump Admin /

54 minutes ago

Senator Murphy to Miss Senate Votes for Weeks as He Recovers From Stroke
U.S. /

1 hour ago

HOT OFF THE PRESS

OpenAI Secures $11 Billion Funding at $1.25 Trillion Valuation, Bloomberg News Reports
Tech /

20 seconds ago

Categories

2nd Amendment
Analysis
Animals
AP News
Appetite for Fresno
Around Town
Arts
Balderrama Investigation
Biden Administration
Bitwise
Business
Cal Matters
California
Crime
Dan Walters
Economy
Education
Elections
Entertainment
Environment
Fashion
Food
Gaza Protests
Healthcare
Housing
Human Trafficking
Immigration
Inspire
Lifestyle
Local
Local Education
National
NY Times
Opinion
Politics
Poverty/Justice
Science
Sports
State
Tech
Transportation
U.S.
Unfiltered
Video
Water
Weather
World
https://rentgranville.com/advanced-search/?filter_search_action%5B%5D=homes&adv6_search_tab=homes&submit=Search+Properties&utm_source=gvwire
An OpenAI logo is displayed at Moscone Center during the Dreamforce 2026 technology summit in San Francisco, California, US, September 17, 2026. (Reuters File)
Tech /
20 seconds ago

OpenAI Secures $11 Billion Funding at $1.25 Trillion Valuation, Bloomberg News Reports
Servicemen rappel down from a UH-60M Black Hawk helicopter during the "Brave Griffin 26/II" military exercise near the strategically crucial Suwalki gap in Akmenynai, Lithuania May 6, 2026. (Reuters File)
World /
6 minutes ago

US Approves Potential $1.08 Billion Black Hawk Helicopter Sale to Mexico
The Modesto Police Department will conduct a DUI checkpoint Friday, Feb. 20, 2026, from 8 p.m. to 3 a.m. at an undisclosed location to remove impaired drivers from the roads. (Modesto PD)
Crime /
12 minutes ago

Six Suspected Gang Members Arrested After Modesto Home Invasion
Oakhurst Elementary and Oak Creek Intermediate were placed on precautionary lockdowns while deputies investigated a reported threat. (Homes.com)
Local /
19 minutes ago

Threat Prompts Lockdowns at Oakhurst Elementary, Oak Creek Intermediate
Rep. Lauren Boebert (R-Colo.), outside U.S. Capitol in Washington, Sept. 2, 2026. Boebert, the right-wing firebrand who has been in and out of favor with President Donald Trump, is in an unexpectedly tight race in Colorado — trailing her Democratic opponent by a few thousand votes as of the morning of Nov. 6. (Kenny Holston/The New York Times)
U.S. /
21 minutes ago

Right-Wing Firebrand Lauren Boebert Is Locked in a Close Race
U.S. dollar banknotes are seen in this illustration taken March 24, 2026. (Reuters File)
Economy /
25 minutes ago

Dollar Jumps After Strong US Payrolls Report
A team of volunteer medical workers carry away the body of Taylor Okito, a truck driver who collapsed and died, in Marabo, Democratic Republic of Congo, Aug. 22, 2026. The Trump administration has been negotiating agreements with dozens of individual countries to provide health aid under strict conditions. Public health experts say a global agreement would be far more effective. (Arlette Bashizi/The New York Times)
Healthcare /
28 minutes ago

US Global Health Strategy Jeopardizes Prevention of Pandemics, Experts Warn
Chalk messages reading "1300 reports in residence halls" and "No Justice" are written on a sidewalk at the Ag Quad as the Cornell University Faculty Senate meets to consider a resolution declaring no confidence in the university administration's handling of a student's allegation that she was gang-raped at an October 2024 fraternity party on campus, in Ithaca, New York, US, October 14, 2026. (Reuters File)
Education /
35 minutes ago

Cornell Faculty Senate Declares No Confidence in University Leadership
MORE LATEST →
https://rentgranville.com/advanced-search/?filter_search_action%5B%5D=homes&adv6_search_tab=homes&submit=Search+Properties&utm_source=gvwire
Submit a Letter to the Editor
 
Send this to a friend