OpenAI Secures $11 Billion at a $1.25 Trillion Valuation, Below Initial Plan

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Last week, OpenAI raised $11 billion at a $1.25 trillion valuation, below its initial target of $30 billion at a $1.4 trillion valuation. The Information reported that OpenAI’s cost of revenue and R&D expenses for Q1 2026 are projected to reach $12.1 billion. As of March 31, OpenAI held over $73 billion in cash and securities. The crypto market remains cautious, with the Fear & Greed Index hovering near neutral levels.
ME AI message, Ed Zitron argues that funding in the AI industry is drying up. OpenAI raised $11 billion last week at a $1.25 trillion valuation, below its original plan of $30 billion at a $1.4 trillion valuation; according to The Information, its combined costs, revenue, and R&D expenses for Q1 2026 amounted to $12.1 billion, and as of March 31, it held over $73 billion in cash and marketable securities.
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via AIHOT · https://aihot.news/items/zv5dl1agqwo6tkmhdamy17lt5 (Source: AiHot)
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