OpenAI has reportedly closed on about $11 billion in new funding tied to a round that values the company at $1.25 trillion, with additional financing expected to follow. TechCrunch reports the funding round has not fully closed yet but is expected to be completed in the coming weeks, while Bloomberg and Channel NewsAsia frame the development as the completion of the initial portion wired to the company.

The reports also describe the broader deal size as potentially larger than the $11 billion initial amount. Bloomberg says the remainder of the round could bring total funding to as much as $20 billion, with completion expected in the same timeframe. Seeking Alpha’s headline indicates OpenAI has completed the $11B funding round to reach the $1.25T valuation, aligning with the idea that the $11 billion piece is now in place.

Overall, outlets largely agree on the same key figures—$11 billion and a $1.25 trillion valuation—while differing slightly in how they characterize whether the full round is complete and how far the total might extend.