OpenAI Stock

OpenAI is a pioneering AI research and deployment company, renowned for its significant contributions to artificial intelligence development. The company's focus includes advancing digital intelligence to benefit humanity, with a strong emphasis on safety and scalability. OpenAI's portfolio features groundbreaking technologies like the GPT series, and it collaborates with a range of stakeholders to ensure ethical AI deployment.

Founded: 2015

OpenAI Website

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OpenAI Company Overview

OpenAI, founded as a non-profit in December 2015 and later transitioning to a capped-profit model, is a prominent figure in the AI research field. The company was established by Elon Musk, Sam Altman, Greg Brockman, Ilya Sutskever, Wojciech Zaremba, and John Schulman. This diverse team of tech luminaries aimed to democratize AI benefits while ensuring its development is aligned with human values and safety. OpenAI's research and technologies are at the forefront of AI advancements, contributing to various sectors, including language understanding, robotics, and computer vision. Its flagship products, such as the Generative Pre-trained Transformer (GPT) models, have set industry standards in natural language processing. The GPT series, including the latest iterations like ChatGPT, showcase OpenAI's commitment to developing accessible and transformative AI tools. The models are distinguished for their ability to generate human-like text and facilitate user-friendly applications. The company operates on a unique capped-profit model designed to balance profit-making with its mission-driven philosophy. This model allows OpenAI to reinvest a significant portion of its profits back into its research endeavors. This approach has attracted substantial investment from partners committed to ethical AI development, including a high-profile partnership with Microsoft. OpenAI remains at the intersection of ethical considerations and technological advancement, promoting an AI-integrated future that prioritizes human welfare and responsible innovation. The company's ongoing projects and collaborations continue to push the boundaries of what AI can achieve, making it a compelling opportunity for investors interested in the forefront of technology and its impact on society.

Management Team

Sam Altman Co-Founder and Chief Executive Officer
Brad Lightcap Chief Operations Officer
Greg Brockman President and Co-Founder
Ilya Sutskever Co-Founder and Chief Scientist
Wojciech Zaremba Co-Founder
Mira Murati Chief Technology Officer

Funding Information

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News

OpenAI releases Sora, its buzzy AI video-generation tool

OpenAI released its buzzy AI video-generation tool, Sora.

OpenAI Is Working With Anduril to Supply the US Military With AI

The ChatGPT maker is the latest AI giant to reveal it’s working with the defense industry, following similar announcements by Meta and Anthropic.

The Future 50: The companies most likely to adapt, thrive, and grow

The AI boom and a strong venture-capital culture have made the U.S. the center of activity in the 2024 edition of our list.

OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer

OpenAI on Tuesday introduced a new $1.5 billion tender offer, a continuation of its recent $6.6 billion funding round, led by SoftBank, CNBC has learned.

Introducing ChatGPT search

ChatGPT can now search the web in a much better way than before. You can get fast, timely answers with links to relevant web sources, which you would have previously needed to go to a search engine for. This blends the benefits of a natural language interface with the value of up-to-date sports scores, news, stock quotes, and more.

OpenAI, Broadcom Working to Develop AI Inference Chip

(Bloomberg) -- OpenAI is working with Broadcom Inc. to develop a new artificial intelligence chip specifically focused on running AI models after they’ve been trained, according to two people familiar with the matter.Most Read from BloombergNY Transit Agency Takes Next Step on Brooklyn-Queens Rail LinkThere Will Soon Be No Meatpackers Left in NYC’s Historic Meatpacking DistrictInside NYC’s Playbook for Getting Federal Grant FundsA South Korean City Plays Matchmaker to Tackle a Fertility CrisisA

Bain & Co, OpenAI expand partnership to sell AI tools to clients

Oct 17 (Reuters) - Bain & Co said on Thursday it will expand its partnership with OpenAI to sell the AI startup's tools, including ChatGPT, to the consultancy's clients. Last year, the companies had set up a global services alliance to make Bain's clients aware about OpenAI's technology.

SF's OpenAI reportedly plans to lose more than $44 billion before it turns a profit

The ChapGPT-maker is projecting it will lose more than $44 billion before turning profitable in 2029, according to a Wednesday analysis from the Information.

OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia

Oct 2 (Reuters) - OpenAI, the company behind ChatGPT, has raised $6.6 billion from investors, which could value the company at $157 billion and cement its position as one of the most valuable private companies in the world.

Exclusive: OpenAI to remove non-profit control and give Sam Altman equity

ChatGPT-maker OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation that will no longer be controlled by its non-profit board, people familiar with the matter told Reuters, in a move that will make the company more attractive to investors.

OpenAI closes in on largest VC round of all time

Generative AI giants are playing in a different universe than the rest of startupland.

T-Mobile and OpenAI Join Forces to Revolutionize the Customer Experience with First-Ever Intent-Driven AI-Decisioning Platform

T-Mobile (NASDAQ: TMUS) and OpenAI have forged a groundbreaking multi-year agreement that will revolutionize the customer experience and reset customer success benchmarks for companies around the world.

Tiger Global plans to join OpenAI's funding round at more than $150 billion valuation

Tiger Global is planning to join OpenAI's buzzy new funding round that would value the AI startup at more than $150 billion.

OpenAI releases o1, its first model with ‘reasoning’ abilities

OpenAI is releasing a new model called o1, the first in a planned series of “reasoning” models that have been trained to answer more complex questions, faster than a human can.

OpenAI hits more than 1 million paid business users

OpenAI said on Thursday it has more than 1 million paying users across its business products, ChatGPT Enterprise, Team and Edu, as the AI firm's chatbot continues to see strong adoption owing to its advanced large language model.

Apple and Nvidia could be OpenAI's next big investors | TechCrunch

Apple and Nvidia are reportedly considering investing in OpenAI's next funding round -- a round that could value the AI startup at $100 billion.

OpenAI says usage has doubled in the last year

ChatGPT now has more than 200 million weekly active users.

Forbes Cloud 100 2024 List - Best Cloud Computing Companies Ranked

Discover the Forbes Cloud 100 list, the ninth annual ranking of the top private cloud computing companies. See how AI is driving change across the cloud tech sector.

OpenAI starts testing a new prototype of an AI search tool called SearchGPT

The company promises that search results will include clear and relevant sources.

Microsoft's decision to give up OpenAI board observer seat doesn't quell key concerns

Microsoft will no longer have a board observer seat at OpenAI, but regulatory and safety concerns persist.

OpenAI was Hacked But Never Told FBI

The creator of ChatGPT, OpenAI, had part of its operations hacked in April 2023. Now fears are mounting around whether the company could be exploited by foreign adversaries.

OpenAI competitor Anthropic announces its most powerful AI yet

The company said Claude 3.5 Sonnet is faster than its previous leading model, Claude 3 Opus, and is the first model from Anthropic's new Claude 3.5 family.

Report: OpenAI Doubled Annualized Revenue in 6 Months | PYMNTS.com

OpenAI reportedly more than doubled its annualized revenue over the last six months or so. The firm’s current annualized revenue is $3.4 billion, up from

TIME100 Most Influential Companies 2024

Check out TIME's list of the world's 100 most influential businesses

Report: Apple and OpenAI have signed a deal to partner on AI

The deal has parallels to Apple’s infamous search deal with Google.

OpenAI GPT-4o is now rolling out — here's how to get access

GPT-4o is available in ChatGPT

These are the 2024 CNBC Disruptor 50 companies: See the full list of startups riding the AI wave

CNBC reveals the 2024 Disruptor 50 list, AI-driven startups moving beyond the 'better, faster, cheaper' mantra that defined Silicon Valley's past.

OpenAI strikes licensing deal with the magazine giant behind People

Ask ChatGPT for a list of People’s Sexiest Men.

OpenAI receives the world's most powerful AI GPU from Nvidia

OpenAI becomes the first firm to receive Nvidia's cutting-edge AI DGX H200 GPU, fostering GPT-5's advancement toward AGI.

OpenAI’s model all but matches doctors in assessing eye problems

Research harnesses power of generative artificial intelligence in latest sign of its potential use in medicine

Forbes 2024 AI 50 List - Top Artificial Intelligence Startups

Explore the Forbes Artificial Intelligence 50 List of 2024, in partnership with Sequoia and Meritech Capital, spotlighting promising AI-driven businesses.

OpenAI and Meta set to unveil AI models capable of reasoning and planning

Tech firms are building the foundations of what could - eventually - develop into artificial general intelligence.

Meet Stargate — the $100 billion AI supercomputer being built by Microsoft and OpenAI

This is what could transport OpenAI into the future

OpenAI Reportedly Looking to Release GPT-5 This Summer

OpenAI has apparently been demonstrating GPT-5, the next generation of its notorious large language model, to prospective buyers.

THE WORLD'S MOST INNOVATIVE COMPANIES OF 2024

FAST COMPANY'S ANNUAL RANKING OF THE WORLD'S MOST INNOVATIVE COMPANIES COVERS 58 INDUSTRIES AND SECTORS, FROM ADVERTISING TO VIDEO.

OpenAI reportedly has Google in its sights with a new online search product

OpenAI is developing a web search product, The Information reported, which may be partly powered by Microsoft's Bing search engine.

OpenAI introduces Sora, its text-to-video AI model

It can create videos up to one minute long.

OpenAI hits $2 bln revenue milestone - FT

OpenAI hit the $2 billion revenue milestone in December, the Financial Times reported on Friday, citing two people with knowledge of the artificial intelligence (AI) start-up's finances.

OpenAI drops ban on military tools to partner with the Pentagon | Semafor

OpenAI joined the ranks of Silicon Valley tech companies that have changed their stance on collaborating with the U.S. military.

OpenAI’s annualized revenue reportedly tops $1.6B

OpenAI’s annualized revenue has reportedly topped $1.6 billion a mere two months after reaching the $1.3 billion mark. The Information reported the milestone on Saturday, citing two people fami