OpenAI is set to receive an estimated $850 billion in funding as it finalizes a new $10 billion venture capital raise. The company, which started in 2015 as a nonprofit research lab, is expected to raise the total amount raised by the current round to about $120 billion. This move represents a significant escalation in OpenAI's funding journey, which began with a shift towards a "capped‑profit" structure in 2019. The move comes as OpenAI discontinues its Sora video platform to focus on other priorities.