The Open Artificial Intelligence Research Institute (OpenAI) announced on March 31 that it has closed its latest round of funding, raising a total of $122 billion and valuing the company at $852 billion. According to British media, this has made OpenAI one of the world's most valuable private enterprises. OpenAI is actively preparing for its initial public offering (IPO) in the United States this year. On January 6th, people visited the 2026 Las Vegas Consumer Electronics Show in the United States. According to reports from The Guardian and The Financial Times, Amazon, Nvidia, and Japan's SoftBank Group, as partner companies of OpenAI, have jointly invested $110 billion in OpenAI, ranking high in the Silicon Valley funding round. Among them, Amazon injected $15 billion in initial investment and promised to inject an additional $35 billion after OpenAI successfully goes public or achieves so-called general artificial intelligence. American venture capital firms such as Andreessen Horowitz, Sequoia Capital, and Xingsheng Capital have also invested billions of dollars. This round of financing is open to retail investors for the first time, raising over $3 billion in personal funds through banks and exchange traded funds (ETFs) managed by renowned investor Cathy Wood. Insiders say that OpenAI and space exploration technology companies under entrepreneur Elon Musk are both preparing to go public in the next 12 months, and retail investors are expected to play an important role in it. It is reported that while OpenAI is preparing to go public, the enterprise is facing multiple lawsuits, competitive pressure and public distrust, as well as doubts about whether there is a foam in the entire AI industry. OpenAI announced on March 31st that it will create a "unified artificial intelligence super application" that integrates ChatGPT, programming products, web browsers, and intelligent agent capabilities. Recently, the company has ended its video generation business such as the "Sora" application and shut down the shopping function that was piloted in ChatGPT to focus on its core products. OpenAI also announced on the same day that its revenue reached $2 billion within a month, of which about 60% came from its consumer business. However, according to media estimates, the company loses billions of dollars annually and is expected to not achieve profitability before 2030. In April, OpenAI will also face off against one of its co founders, Elon Musk, in court. The latter accuses OpenAI of violating its founding agreement by transforming into a for-profit model. OpenAI claims that Musk has founded his own artificial intelligence company after leaving, and the lawsuit is only based on resentment towards OpenAI's success. (New Society)