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Moment

OpenAI Took a Lower Price and Still Filled It

2026年11月10日 1 分钟阅读

The first tranche landed at a valuation below the original ask, and the round total fell with it.

OpenAI received roughly $11 billion as the first tranche of its new round on 9 November 2026, at a valuation of $1.25 trillion, with the full round potentially reaching $20 billion. That compares with an original plan to raise at least $30 billion at $1.4 trillion. Investors include Coatue and T. Rowe Price in the first tranche, alongside SoftBank, Sequoia, Founders Fund, Andreessen Horowitz and a consortium of Emirati backers. The company says a 2027 listing remains under consideration rather than committed. A halved target is the clearest single signal of cooling sentiment; that the money still arrived is the counterweight.

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