OpenAI reportedly gets $11 billion in funding at $1.25 trillion valuation

1. What happened

   According to a Reuters headline, OpenAI has received $11 billion in funding at a $1.25 trillion valuation, citing a source. The headline is the only detail available to this explainer.

2. When it started

   The publication date and the date of the funding are not available in the material provided.

3. How it spread

   The report relies on an unnamed source, and the Reuters article text was not available to confirm further details such as the investors involved or the terms of the deal.

4. Why it matters

   The material provided does not say why the funding was raised or what OpenAI plans to do with it. Further context would need to come from the full Reuters report or later coverage.