OpenAI Surpasses $120 Billion In Funding As Company Eyes IPO And Cuts Sora To Prioritize Profits
OpenAI surpasses $120 billion in total funding, blowing past its $100 billion target with backers like Microsoft and Andreessen Horowitz, as the AI giant eyes a potential IPO and makes tough cuts — including shutting down its Sora video app — to prioritize profitability.