# OpenAI Sets Record with $122 Billion Single-Round Financing

- Category: Flash (快讯)
- Published: 2026-04-01T12:00:00.000Z
- Source date: 2026-04-01
- HTML: https://www.88z.ai/en/news/flash-20260401-20f807331b69454e
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OpenAI closed a record $122 billion financing round, reaching an $852 billion valuation with lead investors including Amazon and Nvidia. Due to high costs and low retention, Sora was shut down as the company pivots to text, code, and enterprise services to prepare for an IPO.

## At a glance

- OpenAI raised $122 billion at an $852 billion valuation, led by Amazon and others
- Sora was shut down due to cost and retention issues, with focus shifting to core businesses for IPO preparation

## The update

OpenAI has completed a historic single-round financing of $122 billion, pushing its post-money valuation to $852 billion. The round was led by major investors including Amazon, Nvidia, and SoftBank. Concurrently, OpenAI has shut down its video generation product, Sora, due to daily operating costs reaching $1 million and poor user retention. This move signals a strategic shift from impressive demos to practical commercialization. The company will now focus on stable cash-flow businesses such as text models, code generation, and enterprise services, aiming to solidify its position as an AI infrastructure layer and prepare for an initial public offering.

## Sources

- [APPSO](https://mp.weixin.qq.com/s/STX1FTMPn_p5B37-ZJ3EhA) (2026-04-01)

This article is an AI-assisted synthesis by 88Z AI based on the public sources below. Product claims and availability are attributed to their publishers. It does not represent independent testing or first-hand reporting.